Start Free

Section 8 rent in Stephenson County, IL

FY2025 HUD Small Area Fair Market Rents for the Stephenson County, IL, covering 19 ZIP codes.

$966Avg 2BR FMR / mo
$1,062Avg 2BR at 110% Standard
19ZIP 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$600$671$890$738
1 Bedroom$660$744$990$819
2 Bedrooms$870$966$1,300$1,062
3 Bedrooms$1,060$1,206$1,720$1,326
4 Bedrooms$1,150$1,358$1,770$1,494

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$1,932$23,184
Triplex3 × 2BR$2,898$34,776
Fourplex4 × 2BR$3,864$46,368
Fourplex4 × 3BR$4,824$57,888

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 19 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
61063 $990 $1,300 $1,720 $1,770
61019 $950 $1,250 $1,570 $1,730
61070 $880 $1,160 $1,410 $1,630
61047 $850 $1,110 $1,390 $1,560
61078 $840 $1,030 $1,340 $1,620
61067 $720 $950 $1,150 $1,340
61007 $730 $940 $1,180 $1,370
61039 $710 $930 $1,250 $1,290
61089 $700 $910 $1,110 $1,280
61044 $700 $890 $1,110 $1,220
61050 $680 $890 $1,080 $1,250
61013 $670 $880 $1,070 $1,240
61027 $670 $880 $1,070 $1,230
61032 $670 $880 $1,070 $1,240
61018 $660 $870 $1,060 $1,220

Quick cash flow check

Free Tool

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

Section 8 rent (avg FMR)—
Est. mortgage payment (PITI)—
Est. monthly cash flow—

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.

Analyze Real Illinois Listings Free

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Stephenson County, IL?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Stephenson County, IL is $966 per month, ranging from $870 to $1,300 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 $1,062.
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 Stephenson County, IL, 2-bedroom SAFMRs run from $870 to $1,300 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.

More Illinois markets

Adams County, IL Bloomington, IL Bond County, IL Brown County, IL Bureau County, IL Cape Girardeau, MO-IL Carroll County, IL Cass County, IL Champaign-Urbana, IL Chicago-Joliet-Naperville, IL All Illinois markets →

These are the rents. RealG finds the properties.

Every Illinois listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

Start Free