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RentData.org Logo Effingham County Fair Market Rent FY 2024 Effingham County, IL Rental Data

Fair Market Rent Prices in Effingham County, IL :
$625 $629 $807 $1,125 $1,173
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 Effingham County are very low compared to the national average. This FMR area is less expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Effingham County is $807 per month.

The previous year, rent for a two-bedroom home was $774 per month. This is a 4.26% increase year-over-year.

This FMR rate applies to Mode, IL, Saint Peter, IL, Wheeler, IL, Shumway, IL, Watson, IL, Beecher City, IL, Brownstown, IL, Saint Elmo, IL, Dieterich, IL, Altamont, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17049N17049.

Additionally, This Fair Market Rent (FMR) area Effingham County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Effingham County, IL FMR area is 34,151 people based on latest Census data.

Compared to the rest of Illinois, the Effingham County FMR area is more expensive than 51% 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 Effingham County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Effingham 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 $ 643
1-BR 1-Bedroom $ 647
2-BR 2-Bedroom $ 830
3-BR 3-Bedroom $ 1157
4-BR 4-Bedroom $ 1206
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

County / Region Est. Population
Effingham County, IL 34,151
Zip Codes in Effingham County, IL

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

62401, 62411, 62414, 62418, 62424, 62444, 62458, 62461, 62473, 62479 and 62880

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What's Next?

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