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FY2017 Hypothetical Small Area FMRs For Macoupin County, IL

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Macoupin County is part of the St. Louis, MO-IL MSA.

Macoupin County, IL Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
62002 $560 $640 $830 $1,100 $1,280 0.935
62009 $510 $580 $750 $1,000 $1,160 0.838
62012 $500 $570 $740 $980 $1,140 0.827
62014 $480 $540 $700 $930 $1,080 0.790
62023 $480 $540 $700 $930 $1,080 0.783
62033 $480 $550 $710 $940 $1,090 0.798
62044 $490 $560 $720 $960 $1,110 0.811
62056 $480 $550 $710 $940 $1,090 0.801
62063 $470 $530 $690 $920 $1,060 0.777
62069 $520 $590 $760 $1,010 $1,170 0.854
62074 $490 $560 $720 $960 $1,110 0.807
62079 $490 $560 $720 $960 $1,110 0.806
62082 $480 $540 $700 $930 $1,080 0.783
62085 $800 $910 $1,180 $1,570 $1,820 1.327
62088 $480 $550 $710 $940 $1,090 0.793
62091 $510 $580 $750 $1,000 $1,160 0.838
62093 $650 $740 $960 $1,270 $1,480 1.072
62560 $440 $500 $650 $860 $1,000 0.663
62572 $440 $500 $650 $860 $1,000 0.667
62626 $440 $500 $650 $860 $1,000 0.723
62630 $500 $560 $730 $970 $1,130 0.814
62638 $510 $580 $750 $1,000 $1,160 0.843
62640 $540 $620 $800 $1,060 $1,230 0.902
62649 $440 $500 $650 $860 $1,000 0.634
62667 $480 $540 $700 $930 $1,080 0.783
62672 $440 $500 $650 $860 $1,000 0.690
62674 $440 $500 $650 $860 $1,000 0.611
62685 $560 $640 $830 $1,100 $1,280 0.934
62690 $530 $600 $780 $1,030 $1,190 0.887

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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