FY2026 Fair Market Rents — Jo Daviess County, IL
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$658
1BR
$796
2BR
$954
3BR
$1,271
4BR
$1,276
Hours/week at min wage
49 hrs
to afford the 2BR FMR @ $15.00/hr (IL)
YoY change (2BR)
+8.7%
+$76 vs FY2025 · 5-yr +36.3%
Voucher payment standard
$859–$1,049
PHAs set HCV payment at 90–110% of the 2BR FMR
Jo Daviess County, IL
Non-Metropolitan area · IL · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $658 | $7,896 |
| 1-Bedroom | $796 | $9,552 |
| 2-Bedroom | $954 | $11,448 |
| 3-Bedroom | $1,271 | $15,252 |
| 4-Bedroom | $1,276 | $15,312 |
Recent 2-Bedroom FMR Trend
FY2020 $698 → FY2026 $954
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $658 | $796 | $954 | $1,271 | $1,276 |
| FY2025 | $602 | $744 | $878 | $1,160 | $1,164 |
| FY2024 | $596 | $680 | $807 | $1,071 | $1,075 |
| FY2023 | $578 | $644 | $774 | $979 | $1,040 |
| FY2022 | $561 | $592 | $735 | $909 | $997 |
| FY2021 | $531 | $578 | $700 | $871 | $949 |
| FY2020 | $511 | $594 | $698 | $905 | $994 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $99,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,950 | $23,950 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,900 | $39,850 | $44,850 | $49,800 | $53,800 | $57,800 |
| 80% AMI (Low) | $55,800 | $63,800 | $71,750 | $79,700 | $86,100 | $92,500 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,448/yr
FMR as % of Area Median Income
11.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,160/yr
$3,180/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $871 | $996 | $1,120 | $1,344 | $1,444 |
| 60% AMI Maximum | $1,045 | $1,195 | $1,344 | $1,613 | $1,733 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $658 | $796 | $954 | $1,271 | $1,276 |
| Low HOME Rent | $872 | $996 | $1,121 | $1,245 | $1,345 |
Compare Jo Daviess County, IL With Other IL Metros
vs. Bloomington, IL HUD Metro FMR Area
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vs. Champaign-Urbana, IL MSA