Putnam County
FY 2026 HUD Fair Market Rents in Illinois. Population: 5,628.
Fair Market Rents (2026)
Studio
National avg: $893
$646/mo
↑ 8.2% YoY
-28% vs US
1 Bedroom
National avg: $959
$851/mo
↑ 12.6% YoY
-11% vs US
2 Bedroom
National avg: $1,175
$937/mo
↑ 7.7% YoY
-20% vs US
3 Bedroom
National avg: $1,525
$1,212/mo
↑ 6.7% YoY
-21% vs US
4 Bedroom
National avg: $1,756
$1,553/mo
↑ 6.3% YoY
-12% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $597 | $646 | +$49 (+8.2%) |
| 1 Bedroom | $756 | $851 | +$95 (+12.6%) |
| 2 Bedroom | $870 | $937 | +$67 (+7.7%) |
| 3 Bedroom | $1,136 | $1,212 | +$76 (+6.7%) |
| 4 Bedroom | $1,461 | $1,553 | +$92 (+6.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$34,040
$2,837/month gross
Required annual income for 2 BR
$37,480
$3,123/month gross
Other Counties in Illinois
Ford County
1 BR: $698/mo
Jackson County
1 BR: $737/mo
Cumberland County
1 BR: $717/mo
Kankakee County
1 BR: $1,011/mo
Henry County
1 BR: $928/mo
Lee County
1 BR: $810/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.