Section 8 Fair Market Rent (FMR) for ZIP 61911 - 2027

Location: Moultrie County, IL | Metro: Coles County, IL

Investment Score for ZIP 61911

D
Monthly Rent (2BR)
$930
Median Price (2BR)
$129,212
1% Rule
0.72%
Annual Yield
8.64%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$650
1 Bedroom$790
2 Bedrooms$930
3 Bedrooms$1,260
4 Bedrooms$1,550
5 Bedrooms$1,798
6 Bedrooms$2,014
7 Bedrooms$2,175
8 Bedrooms$2,284

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $930 $129,212 0.72% D
3BR $1,260 $190,010 0.66% D
4BR $1,550 $292,999 0.53% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,508
Median Household Income
$82,633
Housing Units
1,852
Renter Percentage
29.5%
Occupancy Rate
93.8%
Renter Occupied
513

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.