Monroe County, IL

2025 Fair Market Rents

Tags: 2025 St. Louis, MO-IL HUD Metro FMR Area

Return to the state page to see where Illinois ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Monroe County are Waterloo, Columbia, Red Bud, and New Athens. 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 Monroe County use?

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

Monroe County ($1,215) has a 19.7% higher FMR for 2-Bedroom housing than the average of Illinois ($1,015) and therefore a higher gross rent.

Monroe County is rank 11th out of 102 counties. This means the FMRs, or in other words, the gross rent is higher than 91 other counties. Monroe County is the 11th most expensive county in terms of FMRs.

Rent Tables Monroe County, IL

Fair Market Rent (40th Percentile)

$951
studio
$984
1-Bedroom
$1,215
2-Bedroom
$1,570
3-Bedroom
$1,806
4-Bedroom

Median Rent (50th Percentile)

$1,030
studio
$1,066
1-Bedroom
$1,316
2-Bedroom
$1,700
3-Bedroom
$1,956
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
62236 $940 $970 $1,200 $1,550 $1,780
62240 $1,020 $1,060 $1,310 $1,690 $1,950
62244 $900 $930 $1,150 $1,490 $1,710
62248 $840 $880 $1,090 $1,410 $1,640
62256 $900 $930 $1,150 $1,490 $1,710
62264 $880 $920 $1,130 $1,460 $1,680
62277 $840 $880 $1,090 $1,410 $1,640
62278 $840 $880 $1,090 $1,410 $1,640
62279 $840 $880 $1,090 $1,410 $1,640
62295 $1,140 $1,180 $1,460 $1,890 $2,170
62298 $840 $880 $1,090 $1,410 $1,640
62277 $840 $880 $1,090 $1,410 $1,640
62278 $840 $880 $1,090 $1,410 $1,640
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62236 $846 $873 $1,080 $1,395 $1,602
62240 $918 $954 $1,179 $1,521 $1,755
62244 $810 $837 $1,035 $1,341 $1,539
62248 $756 $792 $981 $1,269 $1,476
62256 $810 $837 $1,035 $1,341 $1,539
62264 $792 $828 $1,017 $1,314 $1,512
62277 $756 $792 $981 $1,269 $1,476
62278 $756 $792 $981 $1,269 $1,476
62279 $756 $792 $981 $1,269 $1,476
62295 $1,026 $1,062 $1,314 $1,701 $1,953
62298 $756 $792 $981 $1,269 $1,476
62277 $756 $792 $981 $1,269 $1,476
62278 $756 $792 $981 $1,269 $1,476
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
62236 $1,034 $1,067 $1,320 $1,705 $1,958
62240 $1,122 $1,166 $1,441 $1,859 $2,145
62244 $990 $1,023 $1,265 $1,639 $1,881
62248 $924 $968 $1,199 $1,551 $1,804
62256 $990 $1,023 $1,265 $1,639 $1,881
62264 $968 $1,012 $1,243 $1,606 $1,848
62277 $924 $968 $1,199 $1,551 $1,804
62278 $924 $968 $1,199 $1,551 $1,804
62279 $924 $968 $1,199 $1,551 $1,804
62295 $1,254 $1,298 $1,606 $2,079 $2,387
62298 $924 $968 $1,199 $1,551 $1,804
62277 $924 $968 $1,199 $1,551 $1,804
62278 $924 $968 $1,199 $1,551 $1,804

Fair Market Rents on this page apply to the following cities in Monroe County, Illinois: Waterloo, Columbia, Red Bud, New Athens, East Carondelet, Valmeyer, Prairie Du Rocher, Fults, Hecker, Maeystown, and Renault.

These Fair Market Rents also apply to the following ZIP codes in Monroe County, Illinois: 62298, 62236, 62278, 62264, 62240, 62295, 62277, 62244, 62248, 62256, and 62279.

Monroe County, IL is considered part of the following metro FMR area: ST. LOUIS, MO-IL HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Calhoun County, IL, Clinton County, IL, Jersey County, IL, Madison County, IL, and St. Clair County, IL.

More on Monroe County, IL

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