ST STEPHENS TERRACE APTS

LIHTC

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Location

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Building details

Income-restricted units: 221
Total units: 247
Year placed in service: 2013
Construction type: unknown
Affordability period: n/a

Bedroom mix

37 1-bedroom
144 2-bedroom
66 3-bedroom

Fair Market Rent for 60612

Zip-level (SAFMR)

Bedrooms	Local FMR
Studio	$1,530
1 bedroom	$1,630
2 bedroom	$1,840
3 bedroom	$2,370
4 bedroom	$2,740

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source: HUD Fair Market Rent, FY2026.

Estimated total housing cost for a 2-bedroom unit at FMR: $1,840 rent + $129 utilities = $1,969/mo.

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