Illinois · HUD FY2026 Fair Market Rents · Updated

Rent in McLean County, IL

HUD puts rent for a two-bedroom in McLean County, IL at $1,302 a month for 2026, and a one-bedroom at $999. Keeping the two-bedroom under 30% of income takes $25.04 an hour full time, or $52,080 a year. The typical household there would spend 19.6% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,287 (down 1.2%).

Rent in McLean County, IL at a glance

2-bedroom rent (HUD)

$1,302$15,624 a year · HUD fiscal year 2026From October 1, 2026: $1,287 (−1.2%)
Studio$927$18/hr needed
1 bedroom$999$19/hr needed
Wage a 2-bedroom takes$25.04an hour, 40 hours a week
3 bedrooms$1,717$33/hr needed

How much rent can you afford in McLean County, IL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,302Monthly market rent
Share of gross income19.6%Recommended max: 30%
Annual income needed$52,080To meet the 30% standard
Max affordable rent$1,998At 30% of $79,905
0%30% (Affordability standard)100%
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Rent in McLean County, IL by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in McLean County, IL, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$927$11,124$37,080$17.83/hr
1 bedroom$999$11,988$39,960$19.21/hr
2 bedroomsMost searched$1,302$15,624$52,080$25.04/hr
3 bedrooms$1,717$20,604$68,680$33.02/hr
4 bedrooms$1,724$20,688$68,960$33.15/hr

Cost of living in McLean County, IL: income, prices and a budget →

Rent in McLean County, IL: common questions

How much is rent going down in McLean County, IL in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,287 for a two-bedroom, down 1.2% from $1,302. A one-bedroom goes from $999 to $996, a studio from $927 to $941.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in McLean County, IL?

HUD's Fair Market Rent for 2026 is $999 for a one-bedroom and $1,302 for a two-bedroom, utilities included. That is $15,624 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in McLean County, IL?

To keep a $1,302 two-bedroom at 30% of gross pay, one full-time worker needs $25.04 an hour, or $52,080 a year. A one-bedroom at $999 takes $19.21 an hour.

How much is a 1, 2 or 3-bedroom apartment in McLean County, IL?

At HUD's 2026 Fair Market Rent: studio $927, one bedroom $999, two $1,302, three $1,717 and four $1,724 a month.

Is rent affordable in McLean County, IL?

For the typical household, earning $79,905 a year ($6,659 a month, Census ACS), a two-bedroom at $1,302 takes 19.6% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,302 × 12) ÷ 0.30 = $52,080. Divided by 2,080 working hours, that is $25.04 an hour.