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RentData.org Logo Putnam County Fair Market Rent FY 2017 Putnam County, IL Rental Data

Fair Market Rent Prices in Putnam County, IL :
$455 $508 $675 $844 $979
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 Putnam County are very low compared to the national average. This FMR area is less expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Putnam County is $675 per month.

The previous year, rent for a two-bedroom home was $678 per month. This is a 0.44% decrease year-over-year.

This FMR rate applies to Mark, IL, Standard, IL, Mc Nabb, IL, Hennepin, IL, Granville, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17155N17155.

Additionally, This Fair Market Rent (FMR) area Putnam County, IL spans one county or city in Illinois which is listed in the table below. Estimated population of Putnam County, IL FMR area is 6,006 people based on latest Census data.

Compared to the rest of Illinois, the Putnam County FMR area is less expensive than 54% 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 Putnam County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Putnam 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 $ 473
1-BR 1-Bedroom $ 528
2-BR 2-Bedroom $ 702
3-BR 3-Bedroom $ 878
4-BR 4-Bedroom $ 1018
Change Year:

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

County / Region Est. Population
Putnam County, IL 6,006
Zip Codes in Putnam County, IL

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

61326, 61327, 61335, 61340 and 61363

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