Logo Coles County Fair Market Rent FY 2011 Coles County, IL Rental Data

Fair Market Rent Prices in Coles County, IL :
$393 $503 $605 $853 $1,062
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Coles County are average compared to the national average. This FMR area is more expensive than 65% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Coles County is $605 per month.

The previous year, rent for a two-bedroom home was $599 per month. This is a 1% increase year-over-year.

This FMR rate applies to Trilla, IL, Hindsboro, IL, Gays, IL, Humboldt, IL, Lerna, IL, Ashmore, IL, Oakland, IL, Arthur, IL, Arcola, IL, Sullivan, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17029N17029.

Additionally, This Fair Market Rent (FMR) area Coles County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Coles County, IL FMR area is 53,196 people based on 2000 Census data.

Compared to the rest of Illinois, the Coles County FMR area is more expensive than 81% of the state.

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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 Coles County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Coles 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 $ 420
1-BR 1-Bedroom $ 526
2-BR 2-Bedroom $ 644
3-BR 3-Bedroom $ 940
4-BR 4-Bedroom $ 1132
Change Year:

There is just one county (listed below) within the Coles County, IL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Champaign & Sprngfld - Decatur.

County / Region Est. Population
Coles County, IL 53,196
Zip Codes in Coles County, IL

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

61910, 61911, 61912, 61920, 61928, 61930, 61931, 61938, 61943, 61951, 62440 and 62469

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