FY2026 Fair Market Rents — Macon County
Studio
$840
1BR
$845
2BR
$1,063
3BR
$1,378
4BR
$1,706
Macon County, Illinois
FIPS 17115 · County-level FMR and income limit data
FMR Area: Decatur, IL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $840 | $10,080 |
| 1-Bedroom | $845 | $10,140 |
| 2-Bedroom | $1,063 | $12,756 |
| 3-Bedroom | $1,378 | $16,536 |
| 4-Bedroom | $1,706 | $20,472 |
To afford the FY2026 2-bedroom FMR of $1,063/mo under the 30%-of-income rule, a household needs about
$42,520/yr ($3,543/mo). Area Median Income is $95,100.
At IL's state minimum wage of $15.00/hr, a worker would need to work 55 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $840 | $845 | $1,063 | $1,378 | $1,706 |
| FY2025 | $765 | $803 | $1,000 | $1,319 | $1,558 |
| FY2024 | $686 | $770 | $943 | $1,287 | $1,395 |
| FY2023 | $599 | $701 | $859 | $1,195 | $1,272 |
| FY2022 | $543 | $641 | $794 | $1,110 | $1,142 |
| FY2021 | $509 | $614 | $772 | $1,069 | $1,111 |
| FY2020 | $490 | $588 | $752 | $1,034 | $1,066 |
FY2026 Income Limits
Area Median Income: $95,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,000 | $22,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,300 | $38,050 | $42,800 | $47,550 | $51,400 | $55,200 |
| 80% AMI | $53,300 | $60,900 | $68,500 | $76,100 | $82,200 | $88,300 |