FY2026 Fair Market Rents — Hancock County
Studio
$632
1BR
$791
2BR
$916
3BR
$1,111
4BR
$1,213
Hancock County, Illinois
FIPS 17067 · County-level FMR and income limit data
FMR Area: Hancock County, IL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $632 | $7,584 |
| 1-Bedroom | $791 | $9,492 |
| 2-Bedroom | $916 | $10,992 |
| 3-Bedroom | $1,111 | $13,332 |
| 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 $90,300.
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 | $791 | $916 | $1,111 | $1,213 |
| FY2025 | $597 | $739 | $870 | $1,094 | $1,153 |
| FY2024 | $553 | $680 | $807 | $1,043 | $1,145 |
| FY2023 | $531 | $644 | $774 | $1,032 | $1,189 |
| FY2022 | $503 | $596 | $735 | $1,003 | $1,191 |
| FY2021 | $476 | $558 | $700 | $966 | $1,114 |
| FY2020 | $474 | $542 | $698 | $958 | $1,075 |
FY2026 Income Limits
Area Median Income: $90,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,000 | $21,700 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,650 | $36,150 | $40,650 | $45,150 | $48,800 | $52,400 |
| 80% AMI | $50,600 | $57,800 | $65,050 | $72,250 | $78,050 | $83,850 |