Montgomery County
FY 2026 HUD Fair Market Rents in Illinois. Population: 28,352.
Fair Market Rents (2026)
Studio
National avg: $893
$694/mo
↑ 7.8% YoY
-22% vs US
1 Bedroom
National avg: $959
$714/mo
↑ 7.7% YoY
-26% vs US
2 Bedroom
National avg: $1,175
$937/mo
↑ 7.7% YoY
-20% vs US
3 Bedroom
National avg: $1,525
$1,123/mo
↑ 2.3% YoY
-26% vs US
4 Bedroom
National avg: $1,756
$1,287/mo
↑ 9.9% YoY
-27% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $644 | $694 | +$50 (+7.8%) |
| 1 Bedroom | $663 | $714 | +$51 (+7.7%) |
| 2 Bedroom | $870 | $937 | +$67 (+7.7%) |
| 3 Bedroom | $1,098 | $1,123 | +$25 (+2.3%) |
| 4 Bedroom | $1,171 | $1,287 | +$116 (+9.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$28,560
$2,380/month gross
Required annual income for 2 BR
$37,480
$3,123/month gross
Other Counties in Illinois
Mason County
1 BR: $698/mo
Jo Daviess County
1 BR: $796/mo
Stephenson County
1 BR: $698/mo
Ford County
1 BR: $698/mo
Mercer County
1 BR: $928/mo
St. Clair County
1 BR: $995/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.