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Section 8 rent in Chicago-Joliet-Naperville, IL

FY2025 HUD Small Area Fair Market Rents for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, covering 370 ZIP codes.

$1,874Avg 2BR FMR / mo
$2,061Avg 2BR at 110% Standard
370ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$810$1,544$2,190$1,699
1 Bedroom$890$1,652$2,340$1,817
2 Bedrooms$1,090$1,874$2,640$2,061
3 Bedrooms$1,400$2,411$3,410$2,652
4 Bedrooms$1,560$2,823$3,980$3,106

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$3,748$44,976
Triplex3 × 2BR$5,622$67,464
Fourplex4 × 2BR$7,496$89,952
Fourplex4 × 3BR$9,644$115,728

Gross scheduled rent before vacancy, maintenance and management. Run any Illinois multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 370 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
60010 $2,340 $2,640 $3,390 $3,980
60015 $2,340 $2,640 $3,390 $3,980
60045 $2,340 $2,640 $3,390 $3,980
60053 $2,340 $2,640 $3,390 $3,980
60069 $2,340 $2,640 $3,390 $3,980
60124 $2,340 $2,640 $3,390 $3,980
60175 $2,340 $2,640 $3,390 $3,980
60192 $2,340 $2,640 $3,390 $3,980
60301 $2,340 $2,640 $3,390 $3,980
60422 $2,340 $2,640 $3,390 $3,980
60461 $2,340 $2,640 $3,390 $3,980
60490 $2,340 $2,640 $3,390 $3,980
60558 $2,340 $2,640 $3,390 $3,980
60564 $2,340 $2,640 $3,390 $3,980
60601 $2,340 $2,640 $3,390 $3,980

Quick cash flow check

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Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Chicago-Joliet-Naperville, IL?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area is $1,874 per month, ranging from $1,090 to $2,640 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $2,061.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Chicago-Joliet-Naperville, IL, 2-bedroom SAFMRs run from $1,090 to $2,640 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Illinois?
RealG searches live listings across Illinois, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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