Kankakee County, IL: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,3492-bedroom FMR, FY2027

$1,0311-bedroom FMR, FY2027

$80,20080% income limit, family of 4 (FY2026)

$102,200Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Kankakee County is $1,349 a month, up 1.7% from $1,326 in FY2026. Kankakee County belongs to the Kankakee, IL MSA FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Kankakee County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$939	$914	+2.7%	$846 – $1,032
1 bedroom	$1,031	$1,011	+2.0%	$928 – $1,134
2 bedrooms	$1,349	$1,326	+1.7%	$1,215 – $1,483
3 bedrooms	$1,775	$1,745	+1.7%	$1,598 – $1,952
4 bedrooms	$1,876	$1,774	+5.7%	$1,689 – $2,063

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Kankakee County that is typically $1,215 to $1,483 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$42,313median income of renter households

$1,097Median gross rent, all units

31%Rent-to-income ratio (median rent ÷ median renter income)

47%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $42,313 can afford about $1,058 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,349 is $291 (27.5%) more than that. To rent a two-bedroom at the FMR, a household needs $53,960 a year under the 30% rule, or $48,564 under the common landlord rule that income must be three times the rent.

Kankakee County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,097 ±$36
Median income of renter households	$42,313 ±$3,642
Renters paying 30% or more of income (cost-burdened)	47.1% ±4.5
Renters paying 50% or more (severely cost-burdened)	24.0% ±3.5
Renter households (where the share can be computed)	11,215

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$887	$1,097	+23.7%
Median renter household income	$34,007	$42,313	+24.4%
Renters paying 30%+ of income	49.9%	47.1%	−2.8 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,200 to $1,720 depending on the ZIP code.

All 21 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
60401	$1,330	$1,410	$1,590	$2,040	$2,330
60424	$1,050	$1,090	$1,420	$1,950	$2,260
60468	$1,180	$1,260	$1,430	$1,830	$2,090
60481	$1,220	$1,290	$1,460	$1,880	$2,150
60901	$900	$990	$1,290	$1,700	$1,790
60910	$830	$910	$1,200	$1,580	$1,600
60913	$980	$1,060	$1,350	$1,760	$1,890
60914	$1,070	$1,170	$1,530	$2,010	$2,130
60915	$950	$1,050	$1,370	$1,800	$1,910
60917	$930	$1,000	$1,320	$1,720	$1,840
60919	$830	$910	$1,200	$1,580	$1,600
60922	$900	$950	$1,250	$1,610	$1,870
60935	$980	$1,080	$1,410	$1,850	$1,960
60940	$1,050	$1,150	$1,500	$1,970	$2,090
60941	$900	$980	$1,290	$1,690	$1,800
60950	$880	$970	$1,260	$1,660	$1,760
60954	$830	$910	$1,200	$1,580	$1,600
60958	$830	$910	$1,200	$1,580	$1,600
60961	$1,190	$1,310	$1,720	$2,240	$2,380
60964	$830	$910	$1,200	$1,580	$1,600
60969	$900	$980	$1,290	$1,690	$1,800

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Kankakee County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $102,200 (FY2025: $91,200, +12.1%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$21,100 +10.2%	$24,100 +10.0%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$35,100 +9.9%	$40,150 +10.0%	$45,150 +10.0%	$50,150 +10.0%	$54,150 +9.9%	$58,150 +9.9%	$62,200 +10.0%	$66,200 +10.0%
Low income (80%)	$56,150 +9.9%	$64,200 +9.9%	$72,200 +9.9%	$80,200 +9.9%	$86,650 +10.0%	$93,050 +9.9%	$99,450 +9.9%	$105,900 +10.0%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.