Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,063$12,756 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Macon County, IL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Macon County, IL
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $840 | $10,080 | $33,600 | $16.15/hr |
| 1-Bedroom Apartment | $845 | $10,140 | $33,800 | $16.25/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,063 | $12,756 | $42,520 | $20.44/hr |
| 3-Bedroom Home | $1,378 | $16,536 | $55,120 | $26.50/hr |
| 4-Bedroom Home | $1,706 | $20,472 | $68,240 | $32.81/hr |
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Frequently Asked Questions About Rent in Macon County, IL
What is the Fair Market Rent for a 2-bedroom in Macon County, IL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Macon County, IL is $1,063 per month ($12,756 per year).
What hourly wage is needed to afford rent in Macon County, IL?
To comfortably afford a 2-bedroom apartment at $1,063/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.44 per hour ($42,520/year).
What are the HUD Fair Market Rents by bedroom count in Macon County, IL?
Official 2026 HUD rents in Macon County, IL are: Studio: $840/mo, 1-Bedroom: $845/mo, 2-Bedroom: $1,063/mo, 3-Bedroom: $1,378/mo, and 4-Bedroom: $1,706/mo.
How do HUD Fair Market Rents compare to local incomes in Macon County, IL?
At the local Census ACS median household income of $62,666/year ($5,222/month), the benchmark 2-bedroom Fair Market Rent represents 20.4% of monthly income.
How is the 30% housing affordability standard calculated in Macon County, IL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,063/month, the required minimum annual gross income is calculated as ($1,063 × 12) ÷ 0.30 = $42,520 per year.