Illinois (IL) has the
42nd highest rent in the country out of 56 states and territories. The Fair Market Rent in Illinois
$700 for a 2-bedroom apartment in
Carroll County, IL
to $1,299 for a 2-bedroom unit in
Chicago-Joliet-Naperville, IL HUD Metro FMR Area.
For FY 2021, the Chicago-Joliet-Naperville, IL HUD Metro FMR Area (Cook County) rent for a studio or efficiency is $1,012 per month and $1,969 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in Illinois is $801 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
Illinois is around 12,854,525 people. So, there are around 1,928,179 people in Illinois who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
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 Illinois.
Fair Market Rent is the 40th-percentile of typical rentals in a given region.