Montgomery County, IL · FY2026 area median income $93,600 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $328 | $492 | $656 | $820 | $984 | $1,148 | $1,312 |
| 1BR | $351 | $526 | $702 | $878 | $1,053 | $1,229 | $1,405 |
| 2BR | $421 | $632 | $843 | $1,053 | $1,264 | $1,475 | $1,686 |
| 3BR | $486 | $730 | $973 | $1,216 | $1,460 | $1,703 | $1,947 |
| 4BR | $543 | $814 | $1,086 | $1,357 | $1,629 | $1,900 | $2,172 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $19,680 | $32,800 | $39,360 | $52,480 |
| 2 persons | $22,470 | $37,450 | $44,940 | $59,920 |
| 3 persons | $25,290 | $42,150 | $50,580 | $67,440 |
| 4 persons | $28,080 | $46,800 | $56,160 | $74,880 |
| 5 persons | $30,330 | $50,550 | $60,660 | $80,880 |
| 6 persons | $32,580 | $54,300 | $65,160 | $86,880 |
| 7 persons | $34,830 | $58,050 | $69,660 | $92,880 |
| 8 persons | $37,080 | $61,800 | $74,160 | $98,880 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Montgomery County to see the sources and uses, bond test, DSCR, and funding gap using these rents.