The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Macoupin County, IL HUD Metro FMR Area, IL

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Macoupin County, IL HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $641 to a high of $783, with an average of $712.
One-bedroom: One-bedroom rental prices vary, with a minimum of $645, a maximum of $789, and an average of $717.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $848, peaking at a maximum of $1,036, and averaging at $942.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,112, a maximum of $1,359, and an average of $1,235.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,285 to a maximum of $1,571, with an average of $1,428.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Macoupin County, IL HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $641 $645 $848 $1,112 $1,285
Average Rent $712 $717 $942 $1,235 $1,428
High Rent(110%) $783 $789 $1,036 $1,359 $1,571
2023 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $526 $529 $697 $926 $1,032
Average Rent $584 $588 $774 $1,029 $1,147
High Rent (110%) $642 $647 $851 $1,132 $1,262
2022 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $500 $503 $662 $887 $1,004
Average Rent $555 $559 $735 $985 $1,116
High Rent(110%) $611 $615 $809 $1,084 $1,228
2021 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $482 $485 $640 $855 $986
Average Rent $536 $539 $711 $950 $1,096
High Rent (110%) $590 $593 $782 $1,045 $1,206
2020 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $473 $477 $628 $853 $909
Average Rent $526 $530 $698 $948 $1,010
High Rent(110%) $579 $583 $768 $1,043 $1,111
2019 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $432 $474 $627 $855 $884
Average Rent $480 $527 $697 $950 $982
High Rent (110%) $528 $580 $767 $1,045 $1,080
2018 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $411 $454 $603 $823 $868
Average Rent $457 $504 $670 $914 $964
High Rent(110%) $503 $554 $737 $1,005 $1,060
2017 Macoupin County, IL HUD Metro FMR Area, IL Low Rent (90%) $401 $443 $589 $776 $901
Average Rent $445 $492 $654 $862 $1,001
High Rent (110%) $490 $541 $719 $948 $1,101


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