Fair Market Rents: Will County, IL (FY2026)
HUD's FY2026 Fair Market Rents for Will 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) | $1,480/mo | $694 (+113%) |
| 1 Bedroom | $1,581/mo | $789 (+100%) |
| 2 Bedrooms | $1,781/mo | $954 (+87%) |
| 3 Bedrooms | $2,294/mo | $1,271 (+80%) |
| 4+ Bedrooms | $2,653/mo | $1,449 (+83%) |
*Median across all FMR-publishing counties in IL. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Will 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 Will County
We track 45 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Bolingbrook | 4 | 1,320 |
| Crete | 5 | 109 |
| Joliet | 29 | 2,402 |
| Shorewood | 3 | 54 |
| Wilmington | 5 | 170 |