Illinois · FIPS 17023 · HUD FY 2027
Clark County, Illinois Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Clark County is $1,011 a month (rent plus utilities), 41% below the Illinois average of $1,724 and 43% below the U.S. average of $1,761. That is up $2 (0.2%) from FY 2026. At 30% of income, a household needs about $40,440 a year to afford it.
- $1,0112-bedroom FMR+$2 (+0.2%) vs FY 2026
- $7731-bedroom FMRIllinois: $1,489 · U.S.: $1,478
- $40,440Income for a 2-bedroom$19/hour full-time
- 40 of 1022BR rank in Illinois1 = highest rent
| Unit | Clark County FY 2027 | FY 2026 | Change | Illinois avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $704 | $696 | +$8 (+1.1%) | $1,401 | $1,379 | $28,160 |
| 1 bedroom | $773 | $769 | +$4 (+0.5%) | $1,489 | $1,478 | $30,920 |
| 2 bedrooms | $1,011 | $1,009 | +$2 (+0.2%) | $1,724 | $1,761 | $40,440 |
| 3 bedrooms | $1,205 | $1,245 | −$40 (−3.2%) | $2,220 | $2,266 | $48,200 |
| 4 bedrooms | $1,461 | $1,336 | +$125 (+9.4%) | $2,524 | $2,607 | $58,440 |
How Clark County compares
- Clark County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Illinois, 2-bedroom FMRs run from $930 (White County) to $2,341 (Kendall County).
- Studio to 4-bedroom: $704, $773, $1,011, $1,205, $1,461. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 7 ZIP codes mostly in Clark County (by land area), the 2-bedroom figure ranges from $930 to $1,520.
Small Area FMRs by ZIP code in Clark County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 62420 | $650 | $710 | $930 | $1,140 | $1,390 | −$40 (−4.1%) | 8% below |
| 62423 | $700 | $770 | $980 | $1,220 | $1,450 | +$10 (+1.0%) | 3% below |
| 62441 | $710 | $780 | $1,020 | $1,220 | $1,470 | +$10 (+1.0%) | 1% above |
| 62442 | $710 | $780 | $1,010 | $1,230 | $1,490 | −$20 (−1.9%) | about the same as |
| 62474 | $660 | $730 | $950 | $1,180 | $1,370 | −$100 (−9.5%) | 6% below |
| 62477 | $1,060 | $1,160 | $1,520 | $1,810 | $2,200 | +$10 (+0.7%) | 50% above |
| 62478 | $860 | $960 | $1,240 | $1,560 | $1,890 | +$10 (+0.8%) | 23% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.