County FMR · HUD FY2026
Henry County Fair Market Rent
HUD's FY2026 Fair Market Rent for Henry County, IL - 3% below the US average.
- $928
- 1-bedroom FMR
- $1,143
- 2-bedroom FMR
- +11.7%
- YoY change
- -3%
- vs US avg
The verdict
Henry is the 24th most expensive of 102 counties in Illinois by 2-bedroom FMR; nationally it ranks #1,164 most expensive of 3,145 HUD counties; rent here has climbed 11.7% since FY 2025, a sharp move relative to most counties.
- #1,164
- most expensive of 3,145 US counties (2BR)
- #24
- most expensive of 102 in Illinois (2BR)
- +9%
- vs the state average
- $37,120
- income to afford it (30% rule)
Software Developers spend the smallest share of income on rent here (8.7%), while Fast Food and Counter Workers spend the most (34.9%).
FY 2026 HUD Fair Market Rent for Henry County, IL. Verify with HUD →
The Fair Market Rent for a 1-bedroom apartment in Henry County, Illinois is $928 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,143/mo and a studio is $817/mo. This is 3% lower than the national average of $959 and 9% above the Illinois average of $854.
Rent increased11.7% from FY 2025 ($831), outpacing inflation. Under the 30% rule, affordability starts near $37,120/year for a 1-bedroom.
FY 2026 HUD Fair Market Rents in Illinois. Population: 49,157. Population has held roughly steady over the past five years (-1.0%, Census ACS). That's in line with Illinois's statewide growth of -1.0% over the same period.
What these rents mean for Henry County
HUD publishes one FMR schedule per FMR area (often the county). Local housing authorities use it as the Section 8 Housing Choice Voucher payment-standard baseline. See how FMR is calculated.
According to HUD's FY 2026 Fair Market Rent schedule, Henry County's 2-bedroom of $1,143 ranks #1,164 most expensive of 3,145 US counties, in the middle half of HUD counties.
Henry County's 1-bedroom FMR tracks close to the national mid-point (3% below the US average of $959), while sitting 9% above the Illinois average of $854. Year-over-year, the 1-bedroom FMR moved from$831 in FY 2025 to $928 in FY 2026, a change of +11.7%, which outpaces typical consumer inflation.
At the FY 2026 1-bedroom FMR of $928, the 30% rule points to $37,120/year (about $3,093/month) versus this county's median household income of $69,912. A 2-bedroom at $1,143 pushes the threshold higher.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $707 | $817 | +$110 (+15.6%) |
| 1 Bedroom | $831 | $928 | +$97 (+11.7%) |
| 2 Bedroom | $1,025 | $1,143 | +$118 (+11.5%) |
| 3 Bedroom | $1,336 | $1,498 | +$162 (+12.1%) |
| 4 Bedroom | $1,578 | $1,819 | +$241 (+15.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Henry County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Where Henry sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,143 Top 37% higher than 63% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Henry compares on 1-bedroom rent
1-bedroom FMR vs other Illinois counties
- Cook
Cook County
$1,581 1BR FMR / mo
- DuPage
DuPage County
$1,581 1BR FMR / mo
- Lake
Lake County
$1,581 1BR FMR / mo
- Will
Will County
$1,581 1BR FMR / mo
- Kane
Kane County
$1,581 1BR FMR / mo
- McHenry
McHenry County
$1,581 1BR FMR / mo
- Henry
Henry County
$928 1BR FMR / mo
What this shows Henry is highlighted. Nearby Illinois counties by 1-bedroom FMR, highest to lowest: Cook County ($1,581), DuPage County ($1,581), Lake County ($1,581), Will County ($1,581), Kane County ($1,581), McHenry County ($1,581), Henry County (this county) ($928).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $928/mo compares to Illinois salaries for popular occupations (BLS wage data, 30%-of-income rule).
| Occupation | IL Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $127,770 | 8.7% | Affordable |
| General & Operations Managers | $101,430 | 11% | Affordable |
| Police & Sheriff's Patrol Officers | $101,530 | 11% | Affordable |
| Electricians | $96,360 | 11.6% | Affordable |
| Registered Nurses | $86,410 | 12.9% | Affordable |
| Accountants & Auditors | $79,300 | 14% | Affordable |
| Elementary School Teachers | $64,160 | 17.4% | Affordable |
| Paralegals & Legal Assistants | $62,290 | 17.9% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $59,790 | 18.6% | Affordable |
| Customer Service Representatives | $44,910 | 24.8% | Affordable |
| Pharmacy Technicians | $44,610 | 25% | Affordable |
| Janitors & Cleaners | $37,010 | 30.1% | Stretched |
| Teaching Assistants | $35,780 | 31.1% | Stretched |
| Retail Salespersons | $34,490 | 32.3% | Stretched |
| Fast Food & Counter Workers | $31,900 | 34.9% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Henry County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Henry (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 50.9% overall, from $615 to $928. Most of that movement was gradual except for a single sharp jump of +12.8% in FY 2023, well above this county's typical year-to-year change.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑11.7% | $817 | $928 | $1,143 |
| FY 2025 ↑7.5% | $707 | $831 | $1,025 |
| FY 2024 ↑5.5% | $646 | $773 | $953 |
| FY 2023 ↑12.8% | $606 | $733 | $906 |
| FY 2022 ↑3.8% | $535 | $650 | $805 |
| FY 2021 ↑1.8% | $517 | $626 | $784 |
| FY 2020 | $524 | $615 | $778 |
Part of the Davenport-Moline-Rock Island, IA-IL Metro Area
Henry County is a outlying county of the Davenport-Moline-Rock Island, IA-IL metropolitan statistical area, alongside 3 other metro-area counties.
Henry County ranks #4 of 4 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Scott County ($928), Rock Island County ($928), Mercer County ($928), Henry County (this county) ($928).
Nearby Counties in Illinois
Largest counties by population in Illinois
Frequently Asked Questions
What is the average rent in Henry County? ▼
How does Henry County rent compare to the national average? ▼
Where does Henry County rank nationally for Fair Market Rent? ▼
What income do I need to afford rent in Henry County? ▼
Is rent going up or down in Henry County? ▼
Which jobs can afford rent in Henry County? ▼
How much has rent changed in Henry County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Henry County? ▼
What does Fair Market Rent mean for Henry County? ▼
What this means for renters
Treat Henry's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $928 implies about $37,120/yr to rent without being cost-burdened. Run your numbers
- Compare this county against nearby metros and states before signing a lease. Compare areas
- See where it sits on the national rent map. View rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Henry can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.