FY2026 Fair Market Rents — Carroll County
Studio
$748
1BR
$752
2BR
$916
3BR
$1,211
4BR
$1,458
Carroll County, Illinois
FIPS 17015 · County-level FMR and income limit data
FMR Area: Carroll County, IL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $748 | $8,976 |
| 1-Bedroom | $752 | $9,024 |
| 2-Bedroom | $916 | $10,992 |
| 3-Bedroom | $1,211 | $14,532 |
| 4-Bedroom | $1,458 | $17,496 |
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 $82,900.
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 | $748 | $752 | $916 | $1,211 | $1,458 |
| FY2025 | $707 | $712 | $870 | $1,133 | $1,389 |
| FY2024 | $553 | $650 | $807 | $1,002 | $1,238 |
| FY2023 | $531 | $611 | $774 | $942 | $1,187 |
| FY2022 | $503 | $559 | $735 | $909 | $1,112 |
| FY2021 | $476 | $531 | $700 | $871 | $1,072 |
| FY2020 | $474 | $530 | $698 | $870 | $1,038 |
FY2026 Income Limits
Area Median Income: $82,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,850 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,400 | $35,900 | $40,400 | $44,850 | $48,450 | $52,050 |
| 80% AMI | $50,250 | $57,400 | $64,600 | $71,750 | $77,500 | $83,250 |