McLean County, IL Fair Market Rent
2026 HUD Fair Market Rents for McLean County, IL. Population: 45,261. Median household income: $37,562/year.
Fair Market Rent by Bedroom Size
Studio$529/mo
1 Bedroom$625/mo
2 Bedroom$740/mo
3 Bedroom$999/mo
4 Bedroom$1,148/mo
Rent Affordability Analysis
Median Income
$37,562/yr
Affordable Rent (30% Rule)
$939/mo
Rent Burden
23.6%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $529 | $6,348 | $21,160/yr |
| 1 Bedroom | $625 | $7,500 | $25,000/yr |
| 2 Bedroom | $740 | $8,880 | $29,600/yr |
| 3 Bedroom | $999 | $11,988 | $39,960/yr |
| 4 Bedroom | $1,148 | $13,776 | $45,920/yr |
Frequently Asked Questions
What is the fair market rent in McLean County, IL?
The 2026 HUD Fair Market Rent for a 2-bedroom in McLean County is $740/month. Studio: $529, 1BR: $625, 3BR: $999, 4BR: $1,148.
What is the rent burden in McLean County?
Rent burden in McLean County is 23.6% of median household income ($37,562/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in McLean County?
To afford a 2-bedroom at $740/month using the 30% rule, you need an annual income of at least $29,600.
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