Alexander County fair market rent FY 2027Illinois, HUD studio to 4 bedrooms
HUD's FY 2027 Fair Market Rent for a two-bedroom home in Alexander County, Illinois is $1,012 a month, effective October 1, 2026: $757 for a studio, $833 for one bedroom, $1,401 for three and $1,692 for four. It is set for the Cape Girardeau, MO-IL MSA. The FY 2026 two-bedroom FMR was $992 (+2.0%).
Alexander County Fair Market Rents by bedrooms
| Bedrooms | FY 2027 | FY 2026 | Change | Payment standard basic range |
|---|---|---|---|---|
| Studio | $757 | $763 | -0.8% | $681 to $832 |
| 1 bedroom | $833 | $807 | +3.2% | $749 to $916 |
| 2 bedrooms | $1,012 | $992 | +2.0% | $910 to $1,113 |
| 3 bedrooms | $1,401 | $1,380 | +1.5% | $1,260 to $1,541 |
| 4 bedrooms | $1,692 | $1,664 | +1.7% | $1,522 to $1,861 |
Monthly gross rent (rent plus tenant-paid utilities except telephone). FY 2027 runs October 1, 2026 to September 30, 2027. The payment standard basic range is 90 to 110 percent of the FMR (24 CFR 982.503(c)); the local housing agency sets the actual payment standard.
How Alexander County compares
Alexander County's two-bedroom FMR of $1,012 is the 39th highest of 102 counties in Illinois, where the county median is $958 and the range $930 to $2,341. Across all 3,144 US counties the median two-bedroom FMR is $1,071; Alexander County ranks 2222nd.
HUD sets one FMR for each metropolitan area, so Bollinger County, MO and Cape Girardeau County, MO have the same figures as Alexander County (Cape Girardeau, MO-IL MSA).
Small Area FMRs and ZIP codes
HUD also publishes Small Area FMRs by ZIP code for metropolitan areas. For the Cape Girardeau, MO-IL MSA it lists 41 ZIP codes, with two-bedroom Small Area FMRs from $960 to $1,230. This area is not one of HUD's designated Small Area FMR areas, so agencies use the area-wide FMR above unless they opt in.
Look up any ZIP code: fair market rent by ZIP code.
Fair market rents in nearby counties
All Illinois counties · Fair market rents in every state
More for Alexander County
- Alexander County loan limitsThis year's FHFA conforming, FHA and VA county loan limits for 1 to 4 unit homes, from FHFA's and HUD's official files.
- Alexander County property tax rateEffective property tax rate from Census survey data: median taxes paid against median home value, ranked in the state.
- Title insurance premium calculatorOwner's and lender's policy premiums from the official rate schedules of Texas, Florida, Pennsylvania and New York.
- Seller net sheet and closing costsNet proceeds after the payoff, commission, transfer taxes, title premiums and recording fees.
- Real estate transfer tax calculatorDeed transfer taxes for New York, Florida, Pennsylvania, Illinois, the Carolinas, Arkansas, Texas and Arizona.
- Flood zone lookupThe FEMA flood zone mapped at any US address. A screening check, not an official flood zone determination.
Check a Alexander County property
HeritageDeed does not search title records in Alexander County yet; the counties it covers are listed under title search coverage, where a title report is $49 per report. For any US address, the Environmental Records Report lists Superfund, hazardous waste, leaking tank and brownfield sites nearby, with the flood zone.
Questions about Alexander County fair market rent
What is the fair market rent in Alexander County for FY 2027?
$757 for a studio, $833 for one bedroom, $1,012 for two, $1,401 for three and $1,692 for four bedrooms a month. FY 2027 runs from October 1, 2026 to September 30, 2027.
What was the fair market rent in Alexander County for FY 2026?
$763 for a studio, $807 for one bedroom, $992 for two, $1,380 for three and $1,664 for four bedrooms (FY 2026, October 1, 2025 to September 30, 2026).
What is the Section 8 voucher amount for a 2 bedroom in Alexander County?
The housing agency sets a payment standard, usually within the basic range of 90 to 110 percent of the FMR: $910 to $1,113 for two bedrooms here. The voucher then pays the lower of the payment standard or the gross rent, minus the family's total tenant payment, usually 30 percent of adjusted monthly income (24 CFR 982.505 and 5.628). The local housing agency publishes its own schedule.
Does fair market rent include utilities?
Yes. HUD's rule defines Fair Market Rents as "estimates of rent plus the cost of utilities, except telephone", set at the 40th percentile of rents for standard-quality units rented by recent movers (24 CFR 888.113).
Is Alexander County's fair market rent high for Illinois?
$1,012 for two bedrooms ranks 39th of 102 counties in Illinois; the state's county median is $958 (range $930 to $2,341) and the national county median is $1,071.
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule
- 24 CFR 982.505, How to calculate housing assistance payment
JSON: /api/data/fair-market-rent/illinois/alexander-county. Fair Market Rents are HUD program figures, not an appraisal of any unit's rent.