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RentData.org Logo Bond County Fair Market Rent FY 2018 Bond County, IL HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Bond County, IL :
$492 $612 $721 $904 $1,107
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Bond County are average compared to the national average. This FMR area is more expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bond County is $721 per month.

The previous year, rent for a two-bedroom home was $702 per month. This is a 2.71% increase year-over-year.

This FMR rate applies to Pierron, IL, Smithboro, IL, Sorento, IL, Mulberry Grove, IL, Pocahontas, IL, Greenville, IL and other cities within the region. The Metro Code or CBSA code for this region is METRO41180N17005.

Additionally, This Fair Market Rent (FMR) area Bond County, IL HUD Metro FMR Area spans one county or city in Illinois which is listed in the table below. Estimated population of Bond County, IL HUD Metro FMR Area FMR area is 17,768 people based on 2010 Census data.

Compared to the rest of Illinois, the Bond County FMR area is more expensive than 74% of the state.

Illinois Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bond County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bond County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 512
1-BR 1-Bedroom $ 638
2-BR 2-Bedroom $ 751
3-BR 3-Bedroom $ 942
4-BR 4-Bedroom $ 1153
Change Year:

There is just one county (listed below) within the Bond County, IL HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: St. Louis.

County / Region Est. Population
Bond County, IL Metro 17,768
Zip Codes in Bond County, IL HUD Metro FMR Area

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

62086, 62246, 62262, 62273, 62275 and 62284

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