FY2026 Fair Market Rents — McDonough County
Studio
$656
1BR
$728
2BR
$951
3BR
$1,231
4BR
$1,512
McDonough County, Illinois
FIPS 17109 · County-level FMR and income limit data
FMR Area: McDonough County, IL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $656 | $7,872 |
| 1-Bedroom | $728 | $8,736 |
| 2-Bedroom | $951 | $11,412 |
| 3-Bedroom | $1,231 | $14,772 |
| 4-Bedroom | $1,512 | $18,144 |
To afford the FY2026 2-bedroom FMR of $951/mo under the 30%-of-income rule, a household needs about
$38,040/yr ($3,170/mo). Area Median Income is $84,900.
At IL's state minimum wage of $15.00/hr, a worker would need to work 49 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $656 | $728 | $951 | $1,231 | $1,512 |
| FY2025 | $627 | $706 | $915 | $1,166 | $1,382 |
| FY2024 | $579 | $672 | $845 | $1,104 | $1,261 |
| FY2023 | $545 | $650 | $794 | $1,078 | $1,232 |
| FY2022 | $515 | $616 | $735 | $1,016 | $1,178 |
| FY2021 | $572 | $575 | $700 | $940 | $1,141 |
| FY2020 | $474 | $567 | $698 | $885 | $1,057 |
FY2026 Income Limits
Area Median Income: $84,900
| 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 |