What is the Fair Market Rent for a 2-bedroom in Bond County, IL HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Bond County, IL HUD Metro FMR Area is $916 per month for fiscal year 2026. The studio FMR is $632, 1-bedroom is $836, 3-bedroom is $1,154, and 4-bedroom is $1,213.

What income do you need to afford the FMR in Bond County, IL HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $36,640 per year ($3,053 per month) to afford the FY2026 2-bedroom Fair Market Rent of $916 in Bond County, IL HUD Metro FMR Area.

FY2026 Fair Market Rents — Bond County, IL HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$632

1BR

$836

2BR

$916

3BR

$1,154

4BR

$1,213

Hours/week at min wage

47 hrs

to afford the 2BR FMR @ $15.00/hr (IL)

National rank

#626

of 661 U.S. metros (top 96% most expensive)

YoY change (2BR)

+5.2%

+$45 vs FY2025 · 5-yr +23.8%

Voucher payment standard

$824–$1,008

PHAs set HCV payment at 90–110% of the 2BR FMR

Bond County, IL HUD Metro FMR Area

Metropolitan area · IL · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$632	$7,584
1-Bedroom	$836	$10,032
2-Bedroom	$916	$10,992
3-Bedroom	$1,154	$13,848
4-Bedroom	$1,213	$14,556

Recent 2-Bedroom FMR Trend

FY2020 $726 → FY2026 $916

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$632	$836	$916	$1,154	$1,213
FY2025	$597	$787	$871	$1,060	$1,208
FY2024	$605	$794	$893	$1,163	$1,342
FY2023	$518	$670	$774	$1,030	$1,169
FY2022	$523	$583	$735	$971	$1,122
FY2021	$581	$585	$740	$920	$1,134
FY2020	$508	$567	$726	$905	$983

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $102,700

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$21,600	$24,650	$27,750	$33,000	$38,680	$44,360
50% AMI (Very Low)	$35,950	$41,100	$46,250	$51,350	$55,500	$59,600
80% AMI (Low)	$57,550	$65,750	$73,950	$82,150	$88,750	$95,300

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$10,992/yr

FMR as % of Area Median Income

10.7% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$36,640/yr

$3,053/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	$898	$1,027	$1,155	$1,386	$1,489
60% AMI Maximum	$1,078	$1,232	$1,386	$1,663	$1,786

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	$632	$836	$916	$1,154	$1,213
Low HOME Rent	$898	$1,027	$1,156	$1,283	$1,387

Compare Bond County, IL HUD Metro FMR Area With Other IL Metros

vs. Bloomington, IL HUD Metro FMR Area vs. Bloomington, IL MSA vs. Cape Girardeau, MO-IL MSA vs. Champaign-Urbana, IL MSA vs. Chicago-Joliet-Naperville, IL HUD Metro FMR Area

Counties in This FMR Area

Bond County