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Rent by ZIP · Wabash County

Rent in Mount Carmel, IL 62863

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $990 (+7.6% vs FY2026). Renters in this ZIP code pay a median $792 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$690$630+9.5%$621–759$375 ±$150
1 bedroom$760$700+8.6%$684–836$346 ±$330
2 bedrooms$990$920+7.6%$891–1,089$935 ±$103
3 bedrooms$1,370$1,280+7%$1,233–1,507$1,091 ±$189
4 bedrooms$1,430$1,310+9.2%$1,287–1,573–

Small Area FMRs for the Wabash County, IL. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Wabash County, IL, 2 bedrooms: $992.

What renters pay in 62863

Median gross rent$792±$95 · all sizes
Renter households1,04526% of occupied homes
No cash rent142households

How rents are spread

Under $1,00070%
$1,000–1,49917%
$1,500–1,9999%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+4%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
62862Mill Shoals$990–
62864Mount Vernon$1,020$935
62865Mulkeytown$960$1,092
62860Macedonia$990–
62859Mc Leansboro$930$539
62867New Haven$930$480

Fair Market Rents across Wabash County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.