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RentData.org Logo Ford County Fair Market Rent FY 2023 Ford County, IL Rental Data

Fair Market Rent Prices in Ford County, IL :
$595 $607 $792 $964 $1,064
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 Ford County are very low compared to the national average. This FMR area is less expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Ford County is $792 per month.

The previous year, rent for a two-bedroom home was $782 per month. This is a 1.28% increase year-over-year.

This FMR rate applies to Elliott, IL, Thawville, IL, Kempton, IL, Sibley, IL, Strawn, IL, Roberts, IL, Cabery, IL, Buckingham, IL, Melvin, IL, Cullom, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17053N17053.

Additionally, This Fair Market Rent (FMR) area Ford County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Ford County, IL FMR area is 13,155 people based on latest Census data.

Compared to the rest of Illinois, the Ford County FMR area is less expensive than 79% 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 Ford County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Ford 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 $ 595
1-BR 1-Bedroom $ 636
2-BR 2-Bedroom $ 830
3-BR 3-Bedroom $ 1010
4-BR 4-Bedroom $ 1115
Change Year:
2022 2023 2024 2025

There is just one county (listed below) within the Ford County, IL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers three metro areas: Chicago, Champaign & Sprngfld - Decatur and Peoria - Bloomington.

County / Region Est. Population
Ford County, IL 13,155
Zip Codes in Ford County, IL

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

60917, 60918, 60919, 60927, 60929, 60933, 60941, 60946, 60948, 60952, 60959, 60962, 60968, 61773 and 61775

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What's Next?

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