County FMR · HUD FY2026

Vermilion County Fair Market Rent

HUD's FY2026 Fair Market Rent for Vermilion County, IL - 23% below the US average.

$742
1-bedroom FMR
$974
2-bedroom FMR
-2.8%
YoY change
-23%
vs US avg

The verdict

Vermilion is the 47th most expensive of 102 counties in Illinois by 2-bedroom FMR.

#47
most expensive of 102 in Illinois (2BR)
-13%
vs the state average
$29,680
income to afford it (30% rule)
-2.8%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (7%), while Fast Food and Counter Workers spend the most (27.9%); 15 of 15 common occupations here can afford a 1-bedroom at Fair Market Rent without exceeding the 30% threshold.

FY 2026 HUD Fair Market Rent for Vermilion County, IL. Verify with HUD →

Vermilion County, Illinois carries an FY 2026 1-bedroom Fair Market Rent of $742 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $974/mo and a studio is $672/mo. That's 23% below the national benchmark of $959 and 13% below the Illinois average of $854.

Rent decreased2.8% from FY 2025 ($763), declining against the trend. To afford rent here, a household needs at least $29,680/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in Illinois. Population: 74,113. Population declined 6.7% over the past five years (Census ACS), a trend that can ease rental-market pressure over time even as FMR reflects recent rent levels. That's slower than Illinois's statewide growth of -1.0% over the same period.

What these rents mean for Vermilion County

The Vermilion County FMR area applies to all ZIP codes inside the county boundary, and Illinois's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.

Compared to the rest of the country, a 1-bedroom here is 23% below the US average of $959 and 13% lower than the Illinois state average of $854. The 1-bedroom FMR went from$763 in FY 2025 to $742 in FY 2026 - a change of -2.8%, which is unusual and suggests softening demand or revised HUD sampling.

At the FY 2026 1-bedroom FMR of $742, affording it under the 30%-of-income rule takes $29,680 per year (about $2,473/month) in household income, and a 2-bedroom at $974 pushes that threshold even higher. With a population of 74,113 and a county median household income of $54,537, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.

Fair Market Rents (2026)

Studio
State avg: $774 · US avg: $893
$672/mo
↓ 2.0% YoY -13% vs state -25% vs US
1 Bedroom
State avg: $854 · US avg: $959
$742/mo
↓ 2.8% YoY -13% vs state -23% vs US
2 Bedroom
State avg: $1,063 · US avg: $1,175
$974/mo
↓ 2.7% YoY -8% vs state -17% vs US
3 Bedroom
State avg: $1,370 · US avg: $1,525
$1,179/mo
↓ 3.5% YoY -14% vs state -23% vs US
4 Bedroom
State avg: $1,561 · US avg: $1,756
$1,306/mo
↓ 3.3% YoY -16% vs state -26% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $686
$672
$-14 (-2.0%)
1 Bedroom $763
$742
$-21 (-2.8%)
2 Bedroom $1,001
$974
$-27 (-2.7%)
3 Bedroom $1,222
$1,179
$-43 (-3.5%)
4 Bedroom $1,351
$1,306
$-45 (-3.3%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$29,680
$2,473/month gross
Required annual income for 2 BR
$38,960
$3,247/month gross

Rent Burden Analysis

How much of household income goes to rent in Vermilion County. The 30% threshold indicates cost burden.

Studio
14.8%
Affordable
Need $26,880/yr for 30% rule
1 Bedroom
16.3%
Affordable
Need $29,680/yr for 30% rule
2 Bedroom
21.4%
Affordable
Need $38,960/yr for 30% rule
3 Bedroom
25.9%
Affordable
Need $47,160/yr for 30% rule
4 Bedroom
28.7%
Affordable
Need $52,240/yr for 30% rule
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.

Vermilion County 2-bedroom rent burden

0%100%National avg22%21.4%
Vermilion County 2-bedroom rent burden
County median income: $54,537 · National avg burden: 21.7% ·View Illinois rent burden →

Where Vermilion sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$974 higher than 42% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). This entry sits in this band. $1,000–$1,200: 723 counties (23%). Above this entry. $1,200–$1,400: 417 counties (13%). Above this entry. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

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 Vermilion compares on 1-bedroom rent

1-bedroom FMR vs other Illinois counties

1BR FMR / mo

What this shows Vermilion 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), Vermilion County (this county) ($742).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $742/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 7% Affordable
General & Operations Managers $101,430 8.8% Affordable
Police & Sheriff's Patrol Officers $101,530 8.8% Affordable
Electricians $96,360 9.2% Affordable
Registered Nurses $86,410 10.3% Affordable
Accountants & Auditors $79,300 11.2% Affordable
Elementary School Teachers $64,160 13.9% Affordable
Paralegals & Legal Assistants $62,290 14.3% Affordable
Heavy & Tractor-Trailer Truck Drivers $59,790 14.9% Affordable
Customer Service Representatives $44,910 19.8% Affordable
Pharmacy Technicians $44,610 20% Affordable
Janitors & Cleaners $37,010 24.1% Affordable
Teaching Assistants $35,780 24.9% Affordable
Retail Salespersons $34,490 25.8% Affordable
Fast Food & Counter Workers $31,900 27.9% Affordable
Salaries: BLS OES (Illinois) median · 30% = affordable threshold · Try the salary calculator →

Rent Trends (2020–2026)

7-year Fair Market Rent history for Vermilion County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Vermilion (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 29.7% overall, from $572 to $742. The increases have been fairly steady year to year, with no single jump exceeding 9.3% (FY 2023).

$550$600$650$700$750$800 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $742
Vermilion County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↓2.8% $672 $742 $974
FY 2025 ↑4.8% $686 $763 $1,001
FY 2024 ↑9.1% $691 $728 $956
FY 2023 ↑9.3% $646 $667 $878
FY 2022 ↑2.0% $597 $610 $802
FY 2021 ↑4.5% $524 $598 $788
FY 2020 $482 $572 $740
Total change (6yr): +29.7%
Annualized: +4.4%/yr
1 BR: $572 → $742

Part of the Danville, IL Micro Area

Vermilion County is a central county of the Danville, IL micropolitan statistical area.

Nearby Counties in Illinois

Largest counties by population in Illinois

Cook County
1 BR: $1,581/mo Pop: 5,225,367
DuPage County
1 BR: $1,581/mo Pop: 930,559
Lake County
1 BR: $1,581/mo Pop: 713,159
Will County
1 BR: $1,581/mo Pop: 696,774
Kane County
1 BR: $1,581/mo Pop: 517,254
McHenry County
1 BR: $1,581/mo Pop: 311,133
Winnebago County
1 BR: $895/mo Pop: 284,591
Madison County
1 BR: $995/mo Pop: 265,512
View all counties in Illinois →

Frequently Asked Questions

What is the average rent in Vermilion County? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Vermilion County is $742 per month. A 2-bedroom is $974 and a studio is $672.
How does Vermilion County rent compare to the national average? ▼
Rent in Vermilion County is 23% below the national average. A 1-bedroom here costs $742 compared to $959 nationally.
What income do I need to afford rent in Vermilion County? ▼
Based on the 30% affordability rule, you need an annual income of at least $29,680 ($2,473/month) to afford a 1-bedroom at Fair Market Rent in Vermilion County.
Is rent going up or down in Vermilion County? ▼
The 1-bedroom Fair Market Rent in Vermilion County decreased by 2.8% from FY 2025 to FY 2026, going from $763 to $742.
Which jobs can afford rent in Vermilion County? ▼
Based on Illinois BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Police and Sheriff's Patrol Officers can afford a 1-bedroom at $742/mo. 15 of 15 common occupations are affordable here.
How much has rent changed in Vermilion County over time? ▼
The 1-bedroom Fair Market Rent in Vermilion County went from $572 in FY 2020 to $742 in FY 2026, a total change of +29.7% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Vermilion County? ▼
In Vermilion County, the FY 2026 FMR of $742/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Vermilion County? ▼
For Vermilion County, it's the specific 40th-percentile rent HUD publishes each year ($742/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Vermilion'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 $742 implies about $29,680/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 Vermilion 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.

All federal data sources used on this page
  • HUD Fair Market Rents (FMR) - county-level fair-market rent estimates by bedroom count. huduser.gov/datasets/fmr
  • HUD Income Limits - area median income for affordability calculations. huduser.gov/datasets/il
  • HUD Comprehensive Housing Affordability Strategy (CHAS) - rent burden and housing-cost distribution. huduser.gov/datasets/cp
  • U.S. Census Bureau ACS - county and metro housing characteristics + median rent. census.gov/programs-surveys/acs
  • BLS Consumer Price Index, Rent of Primary Residence - rent inflation by metro. bls.gov/cpi
  • IRS Migration Data (SOI) - interstate migration aggregates affecting county demand. irs.gov/statistics/migration
  • BLS Occupational Employment and Wage Statistics - state-level median wages by occupation, used for job affordability analysis. bls.gov/oes

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.