FY2026 Fair Market Rents — Randolph County
Studio
$632
1BR
$698
2BR
$916
3BR
$1,145
4BR
$1,450
Randolph County, Illinois
FIPS 17157 · County-level FMR and income limit data
FMR Area: Randolph County, IL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $632 | $7,584 |
| 1-Bedroom | $698 | $8,376 |
| 2-Bedroom | $916 | $10,992 |
| 3-Bedroom | $1,145 | $13,740 |
| 4-Bedroom | $1,450 | $17,400 |
To afford the FY2026 2-bedroom FMR of $916/mo under the 30%-of-income rule, a household needs about
$36,640/yr ($3,053/mo). Area Median Income is $93,900.
At IL's state minimum wage of $15.00/hr, a worker would need to work 47 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $632 | $698 | $916 | $1,145 | $1,450 |
| FY2025 | $597 | $663 | $870 | $1,099 | $1,427 |
| FY2024 | $547 | $614 | $807 | $1,040 | $1,285 |
| FY2023 | $518 | $588 | $774 | $1,018 | $1,258 |
| FY2022 | $492 | $562 | $740 | $980 | $1,170 |
| FY2021 | $464 | $543 | $700 | $926 | $1,088 |
| FY2020 | $475 | $572 | $700 | $936 | $1,055 |
FY2026 Income Limits
Area Median Income: $93,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,750 | $22,550 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,900 | $37,600 | $42,300 | $46,950 | $50,750 | $54,500 |
| 80% AMI | $52,600 | $60,100 | $67,600 | $75,100 | $81,150 | $87,150 |