Logo Illinois Fair Market Rent for 2022 Accurate Rental Price Data

Average Fair Market Rent Prices in Illinois:
$603 $640 $842 $1,071 $1,142
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Illinois (IL) has the 41st highest rent in the country out of 56 states and territories. The Fair Market Rent in Illinois is $842 for a 2-bedroom apartment in Adams County, IL.

For FY 2022, the Adams County, IL (Adams County) rent for a studio or efficiency is $603 per month and $1,142 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 $842 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Illinois is around 66,785 people. So, there are around 10,018 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. Learn more

Illinois Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Illinois
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
$603 $640 $842 $1,071 $1,142 66,785