FY2026 Fair Market Rents — Champaign County
Studio
$941
1BR
$946
2BR
$1,122
3BR
$1,436
4BR
$1,486
Champaign County, Illinois
FIPS 17019 · County-level FMR and income limit data
FMR Area: Champaign-Urbana, IL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $941 | $11,292 |
| 1-Bedroom | $946 | $11,352 |
| 2-Bedroom | $1,122 | $13,464 |
| 3-Bedroom | $1,436 | $17,232 |
| 4-Bedroom | $1,486 | $17,832 |
To afford the FY2026 2-bedroom FMR of $1,122/mo under the 30%-of-income rule, a household needs about
$44,880/yr ($3,740/mo). Area Median Income is $114,300.
At IL's state minimum wage of $15.00/hr, a worker would need to work 58 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $941 | $946 | $1,122 | $1,436 | $1,486 |
| FY2025 | $904 | $909 | $1,080 | $1,405 | $1,432 |
| FY2024 | $880 | $885 | $1,049 | $1,372 | $1,397 |
| FY2023 | $866 | $871 | $1,030 | $1,335 | $1,384 |
| FY2022 | $824 | $829 | $977 | $1,252 | $1,325 |
| FY2021 | $734 | $739 | $868 | $1,108 | $1,230 |
| FY2020 | $725 | $730 | $862 | $1,108 | $1,305 |
FY2026 Income Limits
Area Median Income: $114,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,300 | $26,600 | $29,950 | $33,250 | $38,680 | $44,360 |
| 50% AMI | $38,850 | $44,400 | $49,950 | $55,450 | $59,900 | $64,350 |
| 80% AMI | $62,100 | $71,000 | $79,850 | $88,700 | $95,800 | $102,900 |