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RentData.org Logo Iroquois County Fair Market Rent FY 2022 Iroquois County, IL Rental Data

Fair Market Rent Prices in Iroquois County, IL :
$559 $563 $741 $977 $1,037
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 Iroquois County are very low compared to the national average. This FMR area is less expensive than 75% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Iroquois County is $741 per month.

The previous year, rent for a two-bedroom home was $700 per month. This is a 5.86% increase year-over-year.

This FMR rate applies to Wellington, IL, Woodland, IL, Stockland, IL, Claytonville, IL, Papineau, IL, Goodwine, IL, Iroquois, IL, Beaverville, IL, Donovan, IL, Crescent City, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17075N17075.

Additionally, This Fair Market Rent (FMR) area Iroquois County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Iroquois County, IL FMR area is 28,455 people based on latest Census data.

Compared to the rest of Illinois, the Iroquois 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 Iroquois County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Iroquois 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 $ 591
1-BR 1-Bedroom $ 595
2-BR 2-Bedroom $ 783
3-BR 3-Bedroom $ 1032
4-BR 4-Bedroom $ 1096
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 Iroquois County, IL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Champaign & Sprngfld - Decatur and Chicago.

County / Region Est. Population
Iroquois County, IL 28,455
Zip Codes in Iroquois County, IL

There are 22 unique zip codes in this Fair Market Rent (FMR) area:

60911, 60912, 60922, 60924, 60926, 60928, 60930, 60931, 60938, 60939, 60942, 60945, 60951, 60953, 60955, 60956, 60964, 60966, 60967, 60970, 60973 and 60974

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