Least Expensive Metros for Rent in Illinois — FY2026

U.S. metro areas with the lowest HUD 2-bedroom Fair Market Rents in Illinois. Lowest 2-bedroom FMR first, based on official HUD data. · View national rankings →

Most Expensive Metros for Rent Least Expensive Metros for Rent Biggest Rent Increases Highest Income Limits
# Metro Area State Studio 2BR 4BR
1 Ford County, IL HUD Metro FMR Area IL $694 $916 $1,300
2 Bond County, IL HUD Metro FMR Area IL $632 $916 $1,213
3 Macoupin County, IL HUD Metro FMR Area IL $694 $916 $1,423
4 Massac County, IL HUD Metro FMR Area IL $784 $969 $1,415
5 Cape Girardeau, MO-IL MSA IL $763 $992 $1,664
6 Peoria, IL MSA IL $758 $1,039 $1,449
7 Decatur, IL MSA IL $840 $1,063 $1,706
8 Champaign-Urbana, IL MSA IL $941 $1,122 $1,486
9 Davenport-Moline-Rock Island, IA-IL MSA IL $817 $1,143 $1,819
10 Rockford, IL MSA IL $810 $1,175 $1,594
11 Springfield, IL MSA IL $829 $1,203 $1,682
12 St. Louis, MO-IL HUD Metro FMR Area IL $955 $1,218 $1,812
13 Bloomington, IL MSA IL $927 $1,302 $1,724
14 Kankakee, IL MSA IL $914 $1,326 $1,774
15 DeKalb County, IL HUD Metro FMR Area IL $947 $1,373 $2,203
16 Grundy County, IL HUD Metro FMR Area IL $1,032 $1,459 $2,203
17 Chicago-Joliet-Naperville, IL HUD Metro FMR Area IL $1,480 $1,781 $2,653
18 Kendall County, IL HUD Metro FMR Area IL $1,413 $2,050 $2,918