Iowa · FIPS 19087 · HUD FY 2027
Henry County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Henry County is $958 a month (rent plus utilities), 14% below the Iowa average of $1,113 and 46% below the U.S. average of $1,761. That is up $19 (2.0%) from FY 2026. At 30% of income, a household needs about $38,320 a year to afford it.
- $9582-bedroom FMR+$19 (+2.0%) vs FY 2026
- $7321-bedroom FMRIowa: $902 · U.S.: $1,478
- $38,320Income for a 2-bedroom$18/hour full-time
- 36 of 992BR rank in Iowa1 = highest rent
| Unit | Henry County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $667 | $647 | +$20 (+3.1%) | $846 | $1,379 | $26,680 |
| 1 bedroom | $732 | $716 | +$16 (+2.2%) | $902 | $1,478 | $29,280 |
| 2 bedrooms | $958 | $939 | +$19 (+2.0%) | $1,113 | $1,761 | $38,320 |
| 3 bedrooms | $1,259 | $1,242 | +$17 (+1.4%) | $1,475 | $2,266 | $50,360 |
| 4 bedrooms | $1,264 | $1,360 | −$96 (−7.1%) | $1,649 | $2,607 | $50,560 |
How Henry County compares
- Henry 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: $667, $732, $958, $1,259, $1,264. 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 8 ZIP codes mostly in Henry County (by land area), the 2-bedroom figure ranges from $930 to $1,000.
Small Area FMRs by ZIP code in Henry County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 52641 | $740 | $750 | $980 | $1,290 | $1,300 | +$20 (+2.1%) | 2% above |
| 52644 | $670 | $730 | $960 | $1,250 | $1,290 | −$10 (−1.0%) | about the same as |
| 52645 | $680 | $750 | $980 | $1,290 | $1,300 | +$10 (+1.0%) | 2% above |
| 52647 | $650 | $710 | $930 | $1,220 | $1,230 | +$10 (+1.1%) | 3% below |
| 52649 | $690 | $760 | $1,000 | $1,310 | $1,330 | +$50 (+5.3%) | 4% above |
| 52652 | $680 | $750 | $980 | $1,290 | $1,290 | +$20 (+2.1%) | 2% above |
| 52654 | $740 | $750 | $980 | $1,210 | $1,300 | +$50 (+5.4%) | 2% above |
| 52659 | $650 | $710 | $930 | $1,210 | $1,230 | +$10 (+1.1%) | 3% below |
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.