FY2026 Fair Market Rents — Menard County
Studio
$829
1BR
$970
2BR
$1,203
3BR
$1,611
4BR
$1,682
Menard County, Illinois
FIPS 17129 · County-level FMR and income limit data
FMR Area: Springfield, IL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $829 | $9,948 |
| 1-Bedroom | $970 | $11,640 |
| 2-Bedroom | $1,203 | $14,436 |
| 3-Bedroom | $1,611 | $19,332 |
| 4-Bedroom | $1,682 | $20,184 |
To afford the FY2026 2-bedroom FMR of $1,203/mo under the 30%-of-income rule, a household needs about
$48,120/yr ($4,010/mo). Area Median Income is $114,900.
At IL's state minimum wage of $15.00/hr, a worker would need to work 62 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $829 | $970 | $1,203 | $1,611 | $1,682 |
| FY2025 | $776 | $921 | $1,132 | $1,529 | $1,564 |
| FY2024 | $725 | $873 | $1,070 | $1,421 | $1,459 |
| FY2023 | $609 | $741 | $911 | $1,194 | $1,254 |
| FY2022 | $560 | $681 | $843 | $1,078 | $1,157 |
| FY2021 | $576 | $684 | $858 | $1,076 | $1,163 |
| FY2020 | $542 | $627 | $802 | $1,001 | $1,086 |
FY2026 Income Limits
Area Median Income: $114,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,150 | $27,600 | $31,050 | $34,450 | $38,680 | $44,360 |
| 50% AMI | $40,250 | $46,000 | $51,750 | $57,450 | $62,050 | $66,650 |
| 80% AMI | $64,350 | $73,550 | $82,750 | $91,900 | $99,300 | $106,650 |