Metro FMR area · IL · HUD FY 2027
Springfield, IL Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Springfield, IL area is $1,237 a month, 28% below the Illinois average and 30% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 48 ZIP codes range from $1,090 to $1,860.
- $1,2372-bedroom FMR+$34 (+2.8%) vs FY 2026
- $9771-bedroom FMRU.S.: $1,478
- $49,480Income for a 2-bedroomat 30% of income
- 207,042Residents2 counties
| Unit | Springfield, IL FY 2027 | FY 2026 | Change | Illinois avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $861 | $829 | +$32 (+3.9%) | $1,401 | $1,379 | $34,440 |
| 1 bedroom | $977 | $970 | +$7 (+0.7%) | $1,489 | $1,478 | $39,080 |
| 2 bedrooms | $1,237 | $1,203 | +$34 (+2.8%) | $1,724 | $1,761 | $49,480 |
| 3 bedrooms | $1,631 | $1,611 | +$20 (+1.2%) | $2,220 | $2,266 | $65,240 |
| 4 bedrooms | $1,728 | $1,682 | +$46 (+2.7%) | $2,524 | $2,607 | $69,120 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Menard County, IL | 12,095 |
| Sangamon County, IL | 194,947 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,240.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 62515 | $750 | $880 | $1,090 | $1,450 | $1,520 | −$50 (−4.4%) | 12% below |
| 62520 | $760 | $880 | $1,090 | $1,450 | $1,520 | −$70 (−6.0%) | 12% below |
| 62530 | $810 | $920 | $1,170 | $1,540 | $1,630 | +$60 (+5.4%) | 5% below |
| 62536 | $870 | $990 | $1,260 | $1,650 | $1,750 | +$50 (+4.1%) | 2% above |
| 62539 | $760 | $880 | $1,090 | $1,450 | $1,540 | +$70 (+6.9%) | 12% below |
| 62545 | $770 | $880 | $1,100 | $1,450 | $1,560 | +$40 (+3.8%) | 11% below |
| 62548 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$70 (+6.9%) | 12% below |
| 62558 | $770 | $880 | $1,110 | $1,460 | $1,550 | +$30 (+2.8%) | 10% below |
| 62561 | $940 | $1,070 | $1,350 | $1,780 | $1,890 | −$40 (−2.9%) | 9% above |
| 62563 | $1,210 | $1,370 | $1,740 | $2,290 | $2,430 | +$120 (+7.4%) | 41% above |
| 62612 | $750 | $880 | $1,090 | $1,450 | $1,660 | no change | 12% below |
| 62613 | $850 | $960 | $1,220 | $1,610 | $1,700 | +$30 (+2.5%) | 1% below |
| 62615 | $880 | $1,000 | $1,260 | $1,660 | $1,760 | +$60 (+5.0%) | 2% above |
| 62625 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$60 (+5.1%) | about the same as |
| 62629 | $1,050 | $1,190 | $1,510 | $1,990 | $2,110 | +$50 (+3.4%) | 22% above |
| 62642 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$50 (+4.8%) | 12% below |
| 62659 | $800 | $910 | $1,150 | $1,520 | $1,610 | +$40 (+3.6%) | 7% below |
| 62661 | $770 | $880 | $1,100 | $1,450 | $1,540 | −$20 (−1.8%) | 11% below |
| 62666 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$70 (+6.9%) | 12% below |
| 62670 | $750 | $880 | $1,090 | $1,450 | $1,520 | −$50 (−4.4%) | 12% below |
| 62673 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$70 (+6.9%) | 12% below |
| 62675 | $790 | $900 | $1,140 | $1,500 | $1,590 | +$60 (+5.6%) | 8% below |
| 62677 | $890 | $1,010 | $1,280 | $1,690 | $1,790 | +$120 (+10.3%) | 3% above |
| 62684 | $1,300 | $1,470 | $1,860 | $2,450 | $2,600 | +$190 (+11.4%) | 50% above |
| 62688 | $870 | $990 | $1,250 | $1,650 | $1,750 | +$140 (+12.6%) | 1% above |
| 62689 | $790 | $900 | $1,140 | $1,500 | $1,590 | +$50 (+4.6%) | 8% below |
| 62690 | $750 | $880 | $1,090 | $1,450 | $1,520 | +$70 (+6.9%) | 12% below |
| 62692 | $750 | $880 | $1,090 | $1,450 | $1,550 | +$70 (+6.9%) | 12% below |
| 62693 | $990 | $1,120 | $1,420 | $1,860 | $1,980 | +$70 (+5.2%) | 15% above |
| 62701 | $910 | $1,030 | $1,300 | $1,710 | $1,820 | −$70 (−5.1%) | 5% above |
| 62702 | $840 | $950 | $1,200 | $1,580 | $1,680 | +$20 (+1.7%) | 3% below |
| 62703 | $880 | $1,000 | $1,260 | $1,660 | $1,760 | +$60 (+5.0%) | 2% above |
| 62704 | $870 | $990 | $1,250 | $1,650 | $1,750 | +$50 (+4.2%) | 1% above |
| 62705 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62706 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62707 | $820 | $930 | $1,180 | $1,560 | $1,650 | +$30 (+2.6%) | 5% below |
| 62708 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62711 | $1,080 | $1,220 | $1,550 | $2,040 | $2,170 | +$90 (+6.2%) | 25% above |
| 62712 | $1,000 | $1,130 | $1,430 | $1,890 | $2,000 | +$40 (+2.9%) | 16% above |
| 62719 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62726 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62736 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62756 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62764 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62776 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62781 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62791 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
| 62796 | $860 | $980 | $1,240 | $1,630 | $1,730 | +$30 (+2.5%) | about the same as |
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).
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.