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RentData.org Logo Mason County Fair Market Rent FY 2018 Mason County, IL Rental Data

Fair Market Rent Prices in Mason County, IL :
$482 $538 $716 $898 $975
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 Mason County are very low compared to the national average. This FMR area is less expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mason County is $716 per month.

The previous year, rent for a two-bedroom home was $686 per month. This is a 4.37% increase year-over-year.

This FMR rate applies to Forest City, IL, Kilbourne, IL, Easton, IL, Topeka, IL, Bath, IL, Green Valley, IL, Mason City, IL, Manito, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17125N17125.

Additionally, This Fair Market Rent (FMR) area Mason County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Mason County, IL FMR area is 14,666 people based on 2010 Census data.

Compared to the rest of Illinois, the Mason County FMR area is less expensive than 55% 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 Mason County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mason 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 $ 519
1-BR 1-Bedroom $ 580
2-BR 2-Bedroom $ 771
3-BR 3-Bedroom $ 967
4-BR 4-Bedroom $ 1050
Change Year:

There is just one county (listed below) within the Mason County, IL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Peoria - Bloomington.

County / Region Est. Population
Mason County, IL 14,666
Zip Codes in Mason County, IL

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

61532, 61534, 61546, 61567, 62617, 62633, 62655 and 62664

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