The Department of Housing and Urban Development set its fiscal 2027 fair market rent for a two-bedroom apartment at $2,011 in the Chicago area, $1,762 in the Atlanta area and $1,734 in the Phoenix area. Those figures, effective Oct. 1, 2026, are the base for the payment standards that decide how much a housing voucher pays toward rent. HUD published the notice in the Federal Register on Sept. 1.
The same schedule lists every metro and rural area in the country, so a voucher holder or a landlord can find the number for a home county.
The 2027 numbers for three metro areas
HUD’s FY 2027 schedule gives rents for efficiencies through four bedrooms. In the Chicago-Joliet-Naperville area, which covers Cook, DuPage, Kane, Lake, McHenry and Will counties, the rents run $1,678 for an efficiency, $1,780 for one bedroom, $2,011 for two, $2,586 for three and $2,954 for four…