What is the Fair Market Rent for a two-bedroom in Peoria County?

HUD sets the FY2026 FMR for a two-bedroom in Peoria County at about $1,039 per month including utilities. Voucher payment standards are usually set within ±10% of this figure.

How many subsidized properties are in Peoria County?

We track 54 federally assisted properties across Peoria County, spanning project-based Section 8, public housing, LIHTC and related programs.

Fair Market Rents: Peoria County, IL (FY2026)

HUD's FY2026 Fair Market Rents for Peoria County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.

Unit size	FY2026 FMR	IL median*
Studio (0-BR)	$758/mo	$694 (+9%)
1 Bedroom	$818/mo	$789 (+4%)
2 Bedrooms	$1,039/mo	$954 (+9%)
3 Bedrooms	$1,346/mo	$1,271 (+6%)
4+ Bedrooms	$1,449/mo	$1,449 (0%)

*Median across all FMR-publishing counties in IL. Source: HUD FY2026 FMR schedule.

Using FMR as a voucher holder in Peoria County

Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.

Subsidized housing in Peoria County

We track 54 assisted properties countywide:

City	Properties	Assisted units
Chillicothe	4	60
Peoria	60	5,325