Logo Stephenson County Fair Market Rent FY 2013 Stephenson County, IL Rental Data

Fair Market Rent Prices in Stephenson County, IL :
$421 $469 $635 $791 $978
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 Stephenson County are low compared to the national average. This FMR area is less expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Stephenson County is $635 per month.

The previous year, rent for a two-bedroom home was $609 per month. This is a 4.27% increase year-over-year.

This FMR rate applies to Eleroy, IL, Mc Connell, IL, Cedarville, IL, Ridott, IL, Rock City, IL, Dakota, IL, Orangeville, IL, Davis, IL, Pecatonica, IL, Freeport, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17177N17177.

Additionally, This Fair Market Rent (FMR) area Stephenson County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Stephenson County, IL FMR area is 47,711 people based on 2010 Census data.

Compared to the rest of Illinois, the Stephenson County FMR area is less expensive than 72% 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 Stephenson County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Stephenson 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 $ 453
1-BR 1-Bedroom $ 504
2-BR 2-Bedroom $ 682
3-BR 3-Bedroom $ 849
4-BR 4-Bedroom $ 1050
Change Year:

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

County / Region Est. Population
Stephenson County, IL 47,711
Zip Codes in Stephenson County, IL

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

61013, 61018, 61019, 61027, 61032, 61050, 61060, 61063, 61067 and 61070

Lookup Fair Market Rent by Zip Code