FMR History — Cumberland County, IL

Historical Fair Market Rents from FY2017 to FY2026. Current FMR page →

The 2-bedroom FMR in Cumberland County, IL has changed from $654 in FY2017 to $916 in FY2026 — a +40.1% change over 9 years.

Fiscal Year Studio 1BR 2BR YoY 2BR 2BR in FY2026 $ 3BR 4BR
FY2026 (Latest) $632 $717 $916 +5.3% $916 $1,098 $1,537
FY2025 $597 $665 $870 +7.8% $893 $1,048 $1,308
FY2024 $553 $614 $807 +4.3% $852 $976 $1,075
FY2023 $531 $588 $774 +5.3% $841 $942 $1,040
FY2022 $503 $559 $735 +5% $831 $909 $997
FY2021 $476 $531 $700 +0.3% $855 $871 $1,068
FY2020 $474 $530 $698 +0.1% $893 $870 $1,109
FY2019 $448 $538 $697 +4% $902 $873 $1,155
FY2018 $427 $530 $670 +2.4% $883 $840 $1,119
FY2017 $436 $534 $654 $883 $818 $948

Related Pages

Understanding FMR Trends

Fair Market Rents are published each fall for the upcoming fiscal year (October through September). HUD adjusts FMRs annually based on local rental market surveys, American Community Survey (ACS) data, and Consumer Price Index (CPI) adjustments. Periods of rapid rent growth — such as the 2021–2023 period of post-pandemic inflation — are reflected in sharp FMR increases, while periods of market cooling may produce flat or modestly rising FMRs.

Historical data is useful for housing advocates, economists, and policymakers analyzing long-term trends in housing affordability. A rising FMR generally indicates a tightening rental market; a FMR that grows slower than household incomes suggests improving affordability, while one that outpaces income growth signals worsening cost burden.