FY2026 Fair Market Rents — Hamilton County
Studio
$632
1BR
$727
2BR
$916
3BR
$1,274
4BR
$1,308
Hamilton County, Illinois
FIPS 17065 · County-level FMR and income limit data
FMR Area: Hamilton County, IL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $632 | $7,584 |
| 1-Bedroom | $727 | $8,724 |
| 2-Bedroom | $916 | $10,992 |
| 3-Bedroom | $1,274 | $15,288 |
| 4-Bedroom | $1,308 | $15,696 |
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 $92,100.
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 | $727 | $916 | $1,274 | $1,308 |
| FY2025 | $597 | $705 | $870 | $1,177 | $1,239 |
| FY2024 | $553 | $653 | $807 | $1,029 | $1,126 |
| FY2023 | $531 | $653 | $774 | $985 | $1,080 |
| FY2022 | $503 | $620 | $735 | $909 | $1,034 |
| FY2021 | $476 | $598 | $700 | $871 | $998 |
| FY2020 | $474 | $536 | $698 | $870 | $997 |
FY2026 Income Limits
Area Median Income: $92,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,400 | $22,150 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,250 | $36,850 | $41,450 | $46,050 | $49,750 | $53,450 |
| 80% AMI | $51,600 | $59,000 | $66,350 | $73,700 | $79,600 | $85,500 |