Fair market rent in Skokie by bedroom size (FY2026)
HUD's fiscal-year 2026 Fair Market Rents are the baseline housing-voucher programs use in Skokie — and the only official bedroom-by-bedroom rent figures published for this area.
FY2026 fair market rent, studio to 4 bedrooms
Skokie is in a HUD Small Area FMR metro, so HUD publishes a separate figure per ZIP code — these, not the metro-wide number, are what local payment standards are based on.
| Unit size | 60076 South Skokie | 60077 North Skokie / Old Orchard | Chicago-Joliet-Naperville metro-wide |
|---|---|---|---|
| Studio / efficiency | $1,620 | $1,500 | $1,480 |
| 1 bedroom | $1,730 | $1,600 | $1,581 |
| 2 bedrooms | $1,950 | $1,800 | $1,781 |
| 3 bedrooms | $2,510 | $2,320 | $2,294 |
| 4 bedrooms | $2,900 | $2,680 | $2,653 |
ZIP-level Small Area FMRs vs the Chicago-Joliet-Naperville metro-wide figure. All amounts are monthly gross rent — rent plus tenant-paid utilities.
How the FMR compares to Skokie's market rate
Today's Skokie market average is $2,167/month (all unit sizes blended), while the 2-bedroom FMR is $1,800–$1,950. The FMR is deliberately set at the 40th percentile of area rents — slightly below the middle of the market — so in a market like Skokie's it reads below the current average. Voucher holders typically need to look below the headline market rate, and units at or under these figures exist but take more searching. The two measures also differ in kind: the FMR includes utilities and is fixed for the fiscal year; the market average blends all unit sizes and moves monthly. Direction, not a precise dollar gap.
What a fair market rent actually is
- It's a standard, not a price. HUD estimates the 40th-percentile gross rent (rent + utilities) for recent movers, once per federal fiscal year. Nothing here is a listing or a promise of what you'll find.
- It's not exactly what Section 8 pays. Your local housing authority sets its payment standard between roughly 90% and 110% of these figures (per ZIP, in Small Area FMR metros like this one), and what a voucher covers also depends on household income. Always confirm the current payment standard with the housing authority.
- It's not a rent cap. Landlords can ask more; the FMR only governs what assistance programs use as a baseline.
Source & caveats
All FMR figures come from the U.S. Department of Housing and Urban Development (HUD), Office of Policy Development and Research — the public Fair Market Rents dataset, fiscal year 2026, for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. This site is not affiliated with HUD or any housing authority. Market-rate figures elsewhere on the page come from Zillow's ZORI index and measure something different — see the methodology for how the sources fit together, and the Skokie rent overview for the current market picture.
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