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

Lee County, IL, 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 Lee County, IL, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $498 to a high of $608, with an average of $553.
One-bedroom: One-bedroom rental prices vary, with a minimum of $639, a maximum of $781, and an average of $710.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $726, peaking at a maximum of $888, and averaging at $807.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,023, a maximum of $1,251, and an average of $1,137.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,069 to a maximum of $1,307, with an average of $1,188.

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 Lee County, IL 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 Lee County, IL, IL Low Rent (90%) $498 $639 $726 $1,023 $1,069
Average Rent $553 $710 $807 $1,137 $1,188
High Rent(110%) $608 $781 $888 $1,251 $1,307
2023 Lee County, IL, IL Low Rent (90%) $478 $585 $697 $990 $1,031
Average Rent $531 $650 $774 $1,100 $1,145
High Rent (110%) $584 $715 $851 $1,210 $1,260
2022 Lee County, IL, IL Low Rent (90%) $453 $535 $662 $896 $960
Average Rent $503 $594 $735 $995 $1,067
High Rent(110%) $553 $653 $809 $1,095 $1,174
2021 Lee County, IL, IL Low Rent (90%) $441 $500 $648 $828 $941
Average Rent $490 $556 $720 $920 $1,045
High Rent (110%) $539 $612 $792 $1,012 $1,150
2020 Lee County, IL, IL Low Rent (90%) $429 $500 $659 $821 $943
Average Rent $477 $556 $732 $912 $1,048
High Rent(110%) $525 $612 $805 $1,003 $1,153
2019 Lee County, IL, IL Low Rent (90%) $439 $518 $684 $857 $970
Average Rent $488 $575 $760 $952 $1,078
High Rent (110%) $537 $633 $836 $1,047 $1,186
2018 Lee County, IL, IL Low Rent (90%) $474 $504 $671 $841 $945
Average Rent $527 $560 $745 $934 $1,050
High Rent(110%) $580 $616 $820 $1,027 $1,155
2017 Lee County, IL, IL Low Rent (90%) $500 $503 $635 $840 $897
Average Rent $555 $559 $705 $933 $997
High Rent (110%) $611 $615 $776 $1,026 $1,097


Discover Section 8 FMR in Lee County, IL by zip code