Shelby County, IL Fair Market Rent
2026 HUD Fair Market Rents for Shelby County, IL. Population: 65,719. Median household income: $54,937/year.
Fair Market Rent by Bedroom Size
Studio$539/mo
1 Bedroom$636/mo
2 Bedroom$768/mo
3 Bedroom$1,013/mo
4 Bedroom$1,057/mo
Rent Affordability Analysis
Median Income
$54,937/yr
Affordable Rent (30% Rule)
$1,373/mo
Rent Burden
16.8%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $539 | $6,468 | $21,560/yr |
| 1 Bedroom | $636 | $7,632 | $25,440/yr |
| 2 Bedroom | $768 | $9,216 | $30,720/yr |
| 3 Bedroom | $1,013 | $12,156 | $40,520/yr |
| 4 Bedroom | $1,057 | $12,684 | $42,280/yr |
Frequently Asked Questions
What is the fair market rent in Shelby County, IL?
The 2026 HUD Fair Market Rent for a 2-bedroom in Shelby County is $768/month. Studio: $539, 1BR: $636, 3BR: $1,013, 4BR: $1,057.
What is the rent burden in Shelby County?
Rent burden in Shelby County is 16.8% of median household income ($54,937/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in Shelby County?
To afford a 2-bedroom at $768/month using the 30% rule, you need an annual income of at least $30,720.
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