FY2026 Fair Market Rents — McLean County
Studio
$927
1BR
$999
2BR
$1,302
3BR
$1,717
4BR
$1,724
McLean County, Illinois
FIPS 17113 · County-level FMR and income limit data
FMR Area: Bloomington, IL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $927 | $11,124 |
| 1-Bedroom | $999 | $11,988 |
| 2-Bedroom | $1,302 | $15,624 |
| 3-Bedroom | $1,717 | $20,604 |
| 4-Bedroom | $1,724 | $20,688 |
To afford the FY2026 2-bedroom FMR of $1,302/mo under the 30%-of-income rule, a household needs about
$52,080/yr ($4,340/mo). Area Median Income is $117,000.
At IL's state minimum wage of $15.00/hr, a worker would need to work 67 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $927 | $999 | $1,302 | $1,717 | $1,724 |
| FY2025 | $770 | $835 | $1,080 | $1,426 | $1,432 |
| FY2024 | $782 | $869 | $1,103 | $1,536 | $1,541 |
| FY2023 | $698 | $793 | $987 | $1,394 | $1,583 |
| FY2022 | $609 | $703 | $870 | $1,225 | $1,474 |
FY2026 Income Limits
Area Median Income: $117,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,600 | $28,100 | $31,600 | $35,100 | $38,680 | $44,360 |
| 50% AMI | $40,950 | $46,800 | $52,650 | $58,500 | $63,200 | $67,900 |
| 80% AMI | $65,550 | $74,900 | $84,250 | $93,600 | $101,100 | $108,600 |