Logo Cumberland County Fair Market Rent FY 2020 Cumberland County, IL Rental Data

Fair Market Rent Prices in Cumberland County, IL :
$474 $530 $698 $870 $1,109
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Cumberland County are very low compared to the national average. This FMR area is less expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cumberland County is $698 per month.

The previous year, rent for a two-bedroom home was $697 per month. This is a 0.14% increase year-over-year.

This FMR rate applies to Hidalgo, IL, Jewett, IL, Montrose, IL, Sigel, IL, Toledo, IL, Greenup, IL, Neoga, IL, Teutopolis, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17035N17035.

Additionally, This Fair Market Rent (FMR) area Cumberland County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Cumberland County, IL FMR area is 0 people based on 2000 Census data.

Compared to the rest of Illinois, the Cumberland County FMR area is less expensive than 67% 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 Cumberland County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cumberland 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 $ 474
1-BR 1-Bedroom $ 530
2-BR 2-Bedroom $ 698
3-BR 3-Bedroom $ 870
4-BR 4-Bedroom $ 1109
Change Year:

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

County / Region Est. Population
Cumberland County, IL 0
Zip Codes in Cumberland County, IL

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

62428, 62432, 62436, 62445, 62447, 62462, 62467 and 62468

Lookup Fair Market Rent by Zip Code