Iowa · FIPS 19003 · HUD FY 2027
Adams County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Adams County is $943 a month (rent plus utilities), 15% below the Iowa average of $1,113 and 46% below the U.S. average of $1,761. That is up $10 (1.1%) from FY 2026. At 30% of income, a household needs about $37,720 a year to afford it.
- $9432-bedroom FMR+$10 (+1.1%) vs FY 2026
- $7211-bedroom FMRIowa: $902 · U.S.: $1,478
- $37,720Income for a 2-bedroom$18/hour full-time
- 46 of 992BR rank in Iowa1 = highest rent
| Unit | Adams County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $700 | $692 | +$8 (+1.2%) | $846 | $1,379 | $28,000 |
| 1 bedroom | $721 | $711 | +$10 (+1.4%) | $902 | $1,478 | $28,840 |
| 2 bedrooms | $943 | $933 | +$10 (+1.1%) | $1,113 | $1,761 | $37,720 |
| 3 bedrooms | $1,268 | $1,217 | +$51 (+4.2%) | $1,475 | $2,266 | $50,720 |
| 4 bedrooms | $1,273 | $1,235 | +$38 (+3.1%) | $1,649 | $2,607 | $50,920 |
How Adams County compares
- Adams County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Iowa, 2-bedroom FMRs run from $927 (Worth County) to $1,450 (Harrison County).
- Studio to 4-bedroom: $700, $721, $943, $1,268, $1,273. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 4 ZIP codes mostly in Adams County (by land area), the 2-bedroom figure ranges from $930 to $1,010.
Small Area FMRs by ZIP code in Adams County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 50839 | $690 | $710 | $930 | $1,240 | $1,250 | +$10 (+1.1%) | 1% below |
| 50841 | $690 | $760 | $930 | $1,240 | $1,250 | +$10 (+1.1%) | 1% below |
| 50857 | $690 | $770 | $930 | $1,250 | $1,310 | +$10 (+1.1%) | 1% below |
| 50859 | $750 | $770 | $1,010 | $1,350 | $1,360 | −$100 (−9.0%) | 7% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.