Sharp County, IL Fair Market Rent
2026 HUD Fair Market Rents for Sharp County, IL. Population: 60,871. Median household income: $71,470/year.
Fair Market Rent by Bedroom Size
Studio$705/mo
1 Bedroom$895/mo
2 Bedroom$1,139/mo
3 Bedroom$1,319/mo
4 Bedroom$1,613/mo
Rent Affordability Analysis
Median Income
$71,470/yr
Affordable Rent (30% Rule)
$1,787/mo
Rent Burden
19.1%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $705 | $8,460 | $28,200/yr |
| 1 Bedroom | $895 | $10,740 | $35,800/yr |
| 2 Bedroom | $1,139 | $13,668 | $45,560/yr |
| 3 Bedroom | $1,319 | $15,828 | $52,760/yr |
| 4 Bedroom | $1,613 | $19,356 | $64,520/yr |
Frequently Asked Questions
What is the fair market rent in Sharp County, IL?
The 2026 HUD Fair Market Rent for a 2-bedroom in Sharp County is $1,139/month. Studio: $705, 1BR: $895, 3BR: $1,319, 4BR: $1,613.
What is the rent burden in Sharp County?
Rent burden in Sharp County is 19.1% of median household income ($71,470/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in Sharp County?
To afford a 2-bedroom at $1,139/month using the 30% rule, you need an annual income of at least $45,560.
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