FY2026 Fair Market Rents — Putnam County
Studio
$646
1BR
$851
2BR
$937
3BR
$1,212
4BR
$1,553
Putnam County, Illinois
FIPS 17155 · County-level FMR and income limit data
FMR Area: Putnam County, IL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $646 | $7,752 |
| 1-Bedroom | $851 | $10,212 |
| 2-Bedroom | $937 | $11,244 |
| 3-Bedroom | $1,212 | $14,544 |
| 4-Bedroom | $1,553 | $18,636 |
To afford the FY2026 2-bedroom FMR of $937/mo under the 30%-of-income rule, a household needs about
$37,480/yr ($3,123/mo). Area Median Income is $93,300.
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 | $646 | $851 | $937 | $1,212 | $1,553 |
| FY2025 | $597 | $756 | $870 | $1,136 | $1,461 |
| FY2024 | $552 | $677 | $814 | $1,059 | $1,381 |
| FY2023 | $533 | $645 | $797 | $1,044 | $1,112 |
| FY2022 | $534 | $591 | $757 | $976 | $1,065 |
| FY2021 | $492 | $549 | $724 | $932 | $1,032 |
| FY2020 | $519 | $563 | $742 | $930 | $1,091 |
FY2026 Income Limits
Area Median Income: $93,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,150 | $23,000 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,550 | $38,350 | $43,150 | $47,900 | $51,750 | $55,600 |
| 80% AMI | $53,700 | $61,350 | $69,000 | $76,650 | $82,800 | $88,950 |