Shelby County
FY 2026 HUD Fair Market Rents in Illinois. Population: 21,042.
Fair Market Rents (2026)
Studio
National avg: $893
$656/mo
↑ 3.5% YoY
-27% vs US
1 Bedroom
National avg: $959
$789/mo
↑ 12.1% YoY
-18% vs US
2 Bedroom
National avg: $1,175
$951/mo
↑ 2.9% YoY
-19% vs US
3 Bedroom
National avg: $1,525
$1,140/mo
↑ 2.4% YoY
-25% vs US
4 Bedroom
National avg: $1,756
$1,435/mo
↑ 6.6% YoY
-18% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $634 | $656 | +$22 (+3.5%) |
| 1 Bedroom | $704 | $789 | +$85 (+12.1%) |
| 2 Bedroom | $924 | $951 | +$27 (+2.9%) |
| 3 Bedroom | $1,113 | $1,140 | +$27 (+2.4%) |
| 4 Bedroom | $1,346 | $1,435 | +$89 (+6.6%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$31,560
$2,630/month gross
Required annual income for 2 BR
$38,040
$3,170/month gross
Other Counties in Illinois
Wabash County
1 BR: $698/mo
Menard County
1 BR: $970/mo
Jersey County
1 BR: $995/mo
Pope County
1 BR: $828/mo
Douglas County
1 BR: $836/mo
Jackson County
1 BR: $737/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.