FMR History — La Salle County, IL

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

The 2-bedroom FMR in La Salle County, IL has changed from $728 in FY2017 to $1,079 in FY2026 — a +48.2% change over 9 years.

Fiscal Year Studio 1BR 2BR YoY 2BR 2BR in FY2026 $ 3BR 4BR
FY2026 (Latest) $772 $822 $1,079 +5.8% $1,079 $1,441 $1,701
FY2025 $747 $777 $1,020 +11.1% $1,047 $1,373 $1,545
FY2024 $694 $699 $918 +3.6% $969 $1,248 $1,357
FY2023 $669 $673 $886 +4.2% $962 $1,200 $1,274
FY2022 $642 $646 $850 +6.6% $961 $1,155 $1,242
FY2021 $565 $605 $797 +2% $974 $1,084 $1,181
FY2020 $509 $593 $781 -0.6% $999 $1,059 $1,186
FY2019 $505 $594 $786 +0.6% $1,018 $1,081 $1,181
FY2018 $498 $587 $781 +7.3% $1,029 $1,108 $1,189
FY2017 $462 $548 $728 $983 $1,043 $1,075

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.