Grundy County, IL

2025 Fair Market Rents

Tags: 2025 Grundy County, IL HUD Metro FMR Area

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The top four largest cities in Grundy County are Morris, Minooka, Channahon, and Wilmington. 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 Grundy County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Grundy 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 Grundy County compare?

Grundy County ($1,510) has a 48.8% higher FMR for 2-Bedroom housing than the average of Illinois ($1,015) and therefore a higher gross rent.

Grundy County is rank 8th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 94 other counties. Grundy County is the 8th most expensive county in terms of FMRs.

Rent Tables Grundy County, IL

Fair Market Rent (40th Percentile)

$1,045
studio
$1,151
1-Bedroom
$1,510
2-Bedroom
$1,999
3-Bedroom
$2,006
4-Bedroom

Median Rent (50th Percentile)

$1,103
studio
$1,214
1-Bedroom
$1,593
2-Bedroom
$2,108
3-Bedroom
$2,116
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
60407 $1,100 $1,200 $1,490 $1,950 $2,070
60410 $1,660 $1,790 $2,110 $2,740 $3,070
60416 $1,010 $1,110 $1,460 $1,930 $1,940
60447 $1,410 $1,520 $1,950 $2,580 $2,670
60481 $1,060 $1,130 $1,280 $1,640 $1,930
60407 $1,100 $1,200 $1,490 $1,950 $2,070
60410 $1,660 $1,790 $2,110 $2,740 $3,070
60416 $1,010 $1,110 $1,460 $1,930 $1,940
60420 $930 $1,030 $1,350 $1,760 $1,790
60424 $930 $1,030 $1,350 $1,790 $1,790
60437 $930 $1,030 $1,350 $1,760 $1,790
60444 $930 $1,030 $1,350 $1,760 $1,790
60447 $1,410 $1,520 $1,950 $2,580 $2,670
60450 $1,070 $1,200 $1,570 $2,210 $2,310
60470 $930 $1,030 $1,350 $1,760 $1,790
60474 $1,040 $1,140 $1,500 $1,990 $1,990
60479 $1,110 $1,230 $1,610 $2,130 $2,140
60481 $1,060 $1,130 $1,280 $1,640 $1,930
60541 $1,350 $1,370 $1,800 $2,500 $2,580
60961 $1,020 $1,130 $1,490 $1,970 $1,970
61360 $930 $1,030 $1,350 $1,760 $1,790
60447 $1,410 $1,520 $1,950 $2,580 $2,670
60450 $1,070 $1,200 $1,570 $2,210 $2,310
60541 $1,350 $1,370 $1,800 $2,500 $2,580
60424 $930 $1,030 $1,350 $1,790 $1,790
60481 $1,060 $1,130 $1,280 $1,640 $1,930
60961 $1,020 $1,130 $1,490 $1,970 $1,970
60437 $930 $1,030 $1,350 $1,760 $1,790
60470 $930 $1,030 $1,350 $1,760 $1,790
60541 $1,350 $1,370 $1,800 $2,500 $2,580
61360 $930 $1,030 $1,350 $1,760 $1,790
60420 $930 $1,030 $1,350 $1,760 $1,790
60470 $930 $1,030 $1,350 $1,760 $1,790
60961 $1,020 $1,130 $1,490 $1,970 $1,970
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60407 $990 $1,080 $1,341 $1,755 $1,863
60410 $1,494 $1,611 $1,899 $2,466 $2,763
60416 $909 $999 $1,314 $1,737 $1,746
60447 $1,269 $1,368 $1,755 $2,322 $2,403
60481 $954 $1,017 $1,152 $1,476 $1,737
60407 $990 $1,080 $1,341 $1,755 $1,863
60410 $1,494 $1,611 $1,899 $2,466 $2,763
60416 $909 $999 $1,314 $1,737 $1,746
60420 $837 $927 $1,215 $1,584 $1,611
60424 $837 $927 $1,215 $1,611 $1,611
60437 $837 $927 $1,215 $1,584 $1,611
60444 $837 $927 $1,215 $1,584 $1,611
60447 $1,269 $1,368 $1,755 $2,322 $2,403
60450 $963 $1,080 $1,413 $1,989 $2,079
60470 $837 $927 $1,215 $1,584 $1,611
60474 $936 $1,026 $1,350 $1,791 $1,791
60479 $999 $1,107 $1,449 $1,917 $1,926
60481 $954 $1,017 $1,152 $1,476 $1,737
60541 $1,215 $1,233 $1,620 $2,250 $2,322
60961 $918 $1,017 $1,341 $1,773 $1,773
61360 $837 $927 $1,215 $1,584 $1,611
60447 $1,269 $1,368 $1,755 $2,322 $2,403
60450 $963 $1,080 $1,413 $1,989 $2,079
60541 $1,215 $1,233 $1,620 $2,250 $2,322
60424 $837 $927 $1,215 $1,611 $1,611
60481 $954 $1,017 $1,152 $1,476 $1,737
60961 $918 $1,017 $1,341 $1,773 $1,773
60437 $837 $927 $1,215 $1,584 $1,611
60470 $837 $927 $1,215 $1,584 $1,611
60541 $1,215 $1,233 $1,620 $2,250 $2,322
61360 $837 $927 $1,215 $1,584 $1,611
60420 $837 $927 $1,215 $1,584 $1,611
60470 $837 $927 $1,215 $1,584 $1,611
60961 $918 $1,017 $1,341 $1,773 $1,773
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
60407 $1,210 $1,320 $1,639 $2,145 $2,277
60410 $1,826 $1,969 $2,321 $3,014 $3,377
60416 $1,111 $1,221 $1,606 $2,123 $2,134
60447 $1,551 $1,672 $2,145 $2,838 $2,937
60481 $1,166 $1,243 $1,408 $1,804 $2,123
60407 $1,210 $1,320 $1,639 $2,145 $2,277
60410 $1,826 $1,969 $2,321 $3,014 $3,377
60416 $1,111 $1,221 $1,606 $2,123 $2,134
60420 $1,023 $1,133 $1,485 $1,936 $1,969
60424 $1,023 $1,133 $1,485 $1,969 $1,969
60437 $1,023 $1,133 $1,485 $1,936 $1,969
60444 $1,023 $1,133 $1,485 $1,936 $1,969
60447 $1,551 $1,672 $2,145 $2,838 $2,937
60450 $1,177 $1,320 $1,727 $2,431 $2,541
60470 $1,023 $1,133 $1,485 $1,936 $1,969
60474 $1,144 $1,254 $1,650 $2,189 $2,189
60479 $1,221 $1,353 $1,771 $2,343 $2,354
60481 $1,166 $1,243 $1,408 $1,804 $2,123
60541 $1,485 $1,507 $1,980 $2,750 $2,838
60961 $1,122 $1,243 $1,639 $2,167 $2,167
61360 $1,023 $1,133 $1,485 $1,936 $1,969
60447 $1,551 $1,672 $2,145 $2,838 $2,937
60450 $1,177 $1,320 $1,727 $2,431 $2,541
60541 $1,485 $1,507 $1,980 $2,750 $2,838
60424 $1,023 $1,133 $1,485 $1,969 $1,969
60481 $1,166 $1,243 $1,408 $1,804 $2,123
60961 $1,122 $1,243 $1,639 $2,167 $2,167
60437 $1,023 $1,133 $1,485 $1,936 $1,969
60470 $1,023 $1,133 $1,485 $1,936 $1,969
60541 $1,485 $1,507 $1,980 $2,750 $2,838
61360 $1,023 $1,133 $1,485 $1,936 $1,969
60420 $1,023 $1,133 $1,485 $1,936 $1,969
60470 $1,023 $1,133 $1,485 $1,936 $1,969
60961 $1,122 $1,243 $1,639 $2,167 $2,167

Fair Market Rents on this page apply to the following cities in Grundy County, Illinois: Morris, Minooka, Channahon, Wilmington, Coal City, Dwight, Seneca, Newark, Gardner, Mazon, Braceville, Reddick, Verona, South Wilmington, Ransom, and Kinsman.

These Fair Market Rents also apply to the following ZIP codes in Grundy County, Illinois: 60450, 60447, 60410, 60481, 60416, 60420, 61360, 60541, 60424, 60444, 60407, 60961, 60479, 60474, 60470, and 60437.

Grundy County, IL is considered part of the following metro FMR area: GRUNDY COUNTY, IL HUD METRO FMR AREA.

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Data Source

HUD Seal

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