Location: Williamson County, IL | Metro: Johnson County, IL
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,330 | $220,815 | 0.6% | D |
U.S. Census Bureau data (2024)
ZIP 62939, located in the Williamson County, IL metro area, serves as an ideal cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for FY 2024 is set at $1010, which exceeds the current market rent of $968. This creates a positive spread of $42 per month, ensuring that properties in this ZIP code generate consistent cash flow above market rates.
The median home value in ZIP 62939 is $197,177. Given the FMR, landlords can expect to receive higher rental payments through the Section 8 program compared to what they might earn on the open market. This makes the ZIP code particularly attractive for those looking to stabilize their investment portfolio with reliable, government-backed income.
While there isn't a specific percentage provided for price-cut share or days on market (DOM), the lack of these figures suggests a stable market without significant fluctuations in property values or high vacancy rates. This stability further supports the use of ZIP 62939 as a cash-flow anchor, as it minimizes risk associated with rapid changes in the housing market.
The renter share in ZIP 62939 stands at 11.4%, indicating a moderate level of renters in the area. With a median income of $65,750, residents have the financial means to participate in the Section 8 program, ensuring a steady demand for subsidized housing. This mix of moderate renter participation and stable income levels helps maintain a balanced tenant pool, reducing the likelihood of vacancies and ensuring continuous rental income.
In conclusion, ZIP 62939 should be considered a cash-flow anchor due to its favorable spread between FMR and market rent, along with its stable market conditions and moderate renter share. These factors combine to provide a secure and predictable source of income for landlords and small-portfolio investors participating in the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.