FY2026 Fair Market Rents — Bond County
Studio
$632
1BR
$836
2BR
$916
3BR
$1,154
4BR
$1,213
Bond County, Illinois
FIPS 17005 · County-level FMR and income limit data
FMR Area: Bond County, IL HUD Metro FMR Area
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 |
To afford the FY2026 2-bedroom FMR of $916/mo under the 30%-of-income rule, a household needs about
$36,640/yr ($3,053/mo). Area Median Income is $102,700.
At IL's state minimum wage of $15.00/hr, a worker would need to work 47 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $102,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,600 | $24,650 | $27,750 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,950 | $41,100 | $46,250 | $51,350 | $55,500 | $59,600 |
| 80% AMI | $57,550 | $65,750 | $73,950 | $82,150 | $88,750 | $95,300 |