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FY2017 Hypothetical Small Area FMRs For Macon 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.

Macon County is part of the Decatur, IL MSA.

Macon County, IL Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
61749 $480 $530 $700 $930 $1,120 0.883
61756 $480 $580 $760 $1,040 $1,070 1.088
61818 $460 $560 $700 $890 $1,160 0.858
61830 $440 $530 $700 $950 $980 1.003
61882 $450 $490 $650 $860 $1,050 0.685
61914 $440 $530 $700 $950 $980 1.003
61925 $410 $500 $650 $890 $910 0.805
61937 $410 $500 $650 $890 $910 0.883
62501 $430 $520 $680 $930 $950 0.970
62513 $470 $560 $740 $1,010 $1,040 1.063
62514 $440 $530 $700 $950 $980 1.003
62521 $470 $560 $740 $1,010 $1,040 1.068
62522 $440 $530 $690 $940 $970 0.993
62523 $410 $500 $650 $890 $910 0.835
62524 $440 $530 $700 $950 $980 1.003
62525 $440 $530 $700 $950 $980 1.003
62526 $440 $530 $690 $940 $970 0.987
62532 $440 $530 $700 $950 $980 1.003
62535 $440 $530 $700 $950 $980 1.003
62537 $440 $530 $700 $950 $980 1.003
62539 $480 $550 $720 $940 $990 0.926
62543 $410 $500 $650 $890 $910 0.769
62544 $410 $500 $650 $890 $910 0.828
62547 $410 $500 $650 $890 $910 0.854
62549 $430 $520 $680 $930 $950 0.971
62550 $440 $530 $690 $940 $970 0.992
62551 $410 $500 $650 $890 $910 0.884
62554 $490 $590 $780 $1,060 $1,090 1.122
62573 $410 $500 $650 $890 $910 0.813

* 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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