Clay County, IL

2025 Fair Market Rents

Tags: 2025 Illinois

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The top four largest cities in Clay County are Flora, Newton, Louisville, and Noble. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Clay County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Clay County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Clay County compare?

Clay County ($870) has a 14.3% lower FMR for 2-Bedroom housing than the average of Illinois ($1,015) and therefore has a lower gross rent.

Clay County is rank 60th out of 102 counties. This means the FMRs, or in other words, the gross rent is lower than 59 other counties. Clay County is the 43rd cheapest county in terms of FMRs.

Rent Tables Clay County, IL

Fair Market Rent (40th Percentile)

$597
studio
$673
1-Bedroom
$870
2-Bedroom
$1,140
3-Bedroom
$1,239
4-Bedroom

Median Rent (50th Percentile)

$597
studio
$673
1-Bedroom
$870
2-Bedroom
$1,140
3-Bedroom
$1,239
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62426 $660 $680 $870 $1,150 $1,250
62434 $640 $720 $920 $1,160 $1,340
62443 $690 $720 $910 $1,210 $1,310
62448 $600 $670 $870 $1,050 $1,240
62824 $600 $670 $870 $1,130 $1,240
62838 $620 $700 $870 $1,120 $1,200
62839 $600 $670 $870 $1,140 $1,240
62858 $700 $790 $1,020 $1,340 $1,450
62868 $690 $850 $1,000 $1,230 $1,630
62879 $600 $670 $870 $1,130 $1,240
62899 $600 $670 $870 $1,100 $1,240
62426 $660 $680 $870 $1,150 $1,250
62443 $690 $720 $910 $1,210 $1,310
62838 $620 $700 $870 $1,120 $1,200
62426 $660 $680 $870 $1,150 $1,250
62838 $620 $700 $870 $1,120 $1,200
62434 $640 $720 $920 $1,160 $1,340
62448 $600 $670 $870 $1,050 $1,240
62838 $620 $700 $870 $1,120 $1,200
62899 $600 $670 $870 $1,100 $1,240
62448 $600 $670 $870 $1,050 $1,240
62868 $690 $850 $1,000 $1,230 $1,630
62824 $600 $670 $870 $1,130 $1,240
62839 $600 $670 $870 $1,140 $1,240
62868 $690 $850 $1,000 $1,230 $1,630
62899 $600 $670 $870 $1,100 $1,240
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62426 $594 $612 $783 $1,035 $1,125
62434 $576 $648 $828 $1,044 $1,206
62443 $621 $648 $819 $1,089 $1,179
62448 $540 $603 $783 $945 $1,116
62824 $540 $603 $783 $1,017 $1,116
62838 $558 $630 $783 $1,008 $1,080
62839 $540 $603 $783 $1,026 $1,116
62858 $630 $711 $918 $1,206 $1,305
62868 $621 $765 $900 $1,107 $1,467
62879 $540 $603 $783 $1,017 $1,116
62899 $540 $603 $783 $990 $1,116
62426 $594 $612 $783 $1,035 $1,125
62443 $621 $648 $819 $1,089 $1,179
62838 $558 $630 $783 $1,008 $1,080
62426 $594 $612 $783 $1,035 $1,125
62838 $558 $630 $783 $1,008 $1,080
62434 $576 $648 $828 $1,044 $1,206
62448 $540 $603 $783 $945 $1,116
62838 $558 $630 $783 $1,008 $1,080
62899 $540 $603 $783 $990 $1,116
62448 $540 $603 $783 $945 $1,116
62868 $621 $765 $900 $1,107 $1,467
62824 $540 $603 $783 $1,017 $1,116
62839 $540 $603 $783 $1,026 $1,116
62868 $621 $765 $900 $1,107 $1,467
62899 $540 $603 $783 $990 $1,116
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62426 $726 $748 $957 $1,265 $1,375
62434 $704 $792 $1,012 $1,276 $1,474
62443 $759 $792 $1,001 $1,331 $1,441
62448 $660 $737 $957 $1,155 $1,364
62824 $660 $737 $957 $1,243 $1,364
62838 $682 $770 $957 $1,232 $1,320
62839 $660 $737 $957 $1,254 $1,364
62858 $770 $869 $1,122 $1,474 $1,595
62868 $759 $935 $1,100 $1,353 $1,793
62879 $660 $737 $957 $1,243 $1,364
62899 $660 $737 $957 $1,210 $1,364
62426 $726 $748 $957 $1,265 $1,375
62443 $759 $792 $1,001 $1,331 $1,441
62838 $682 $770 $957 $1,232 $1,320
62426 $726 $748 $957 $1,265 $1,375
62838 $682 $770 $957 $1,232 $1,320
62434 $704 $792 $1,012 $1,276 $1,474
62448 $660 $737 $957 $1,155 $1,364
62838 $682 $770 $957 $1,232 $1,320
62899 $660 $737 $957 $1,210 $1,364
62448 $660 $737 $957 $1,155 $1,364
62868 $759 $935 $1,100 $1,353 $1,793
62824 $660 $737 $957 $1,243 $1,364
62839 $660 $737 $957 $1,254 $1,364
62868 $759 $935 $1,100 $1,353 $1,793
62899 $660 $737 $957 $1,210 $1,364

Fair Market Rents on this page apply to the following cities in Clay County, Illinois: Flora, Newton, Louisville, Noble, Farina, Clay City, Xenia, Mason, Edgewood, Ingraham, and Sailor Springs.

These Fair Market Rents also apply to the following ZIP codes in Clay County, Illinois: 62839, 62448, 62858, 62868, 62838, 62824, 62899, 62443, 62426, 62434, and 62879.

More on Clay County, IL

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Fair Market Rents are published by the Department of Housing And Urban Development.