Monroe County, IL
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $955/mo | $860 – $1,051/mo |
| 1 BR | $995/mo | $896 – $1,095/mo |
| 2 BR | $1,218/mo | $1,096 – $1,340/mo |
| 3 BR | $1,568/mo | $1,411 – $1,725/mo |
| 4 BR | $1,812/mo | $1,631 – $1,993/mo |
Fair Market Rent by unit size — Monroe County, IL (FY 2026)
Source: HUD FY 2026 data for Monroe County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Finding the housing authority
We don't have a housing authority on file for Monroe County yet. Use the Housing Authority Finder with a local ZIP code to locate the agency that administers vouchers here.
Am I eligible?
To qualify for a Housing Choice Voucher in Monroe County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $39,750 |
| 2 people | $45,400 |
| 3 people | $51,100 |
| 4 people | $56,750 |
| 5 people | $61,300 |
| 6 people | $65,850 |
| 7 people | $70,400 |
| 8 people | $74,950 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Monroe County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
- Elderly
BELLA VISTA APTS (SENIOR)
103 DEBRA LN, WATERLOO, IL, 6229832 income-restricted units24 1BR, 8 2BRBuilt 2010Tax-exempt bondCompliance through ~2040 - Elderly
BELLA VISTA APTS (FAMILY)
100 DEBRA LN, WATERLOO, IL, 6229844 income-restricted units16 1BR, 28 2BRBuilt 2010Tax-exempt bondCompliance through ~2040 - Elderly
MONROE COUNTY APTS
230 BRADFORD LN, WATERLOO, IL, 6229814 income-restricted units10 1BR, 2 2BR, 2 3BRBuilt 19974% LIHTCCompliance through ~2027 - Elderly
VALMEYER SENIOR APTS
100 E WOODLAND RDG, VALMEYER, IL, 6229524 income-restricted units20 1BR, 4 2BRBuilt 19959% LIHTCCompliance through ~2025 - Elderly
MCCARRON #2
120 COUNTRY RDG, COLUMBIA, IL, 622362 income-restricted units2 3BRBuilt 19929% LIHTCCompliance through ~2022
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Monroe County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →