Iowa · FIPS 19095 · HUD FY 2027
Iowa County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Iowa County is $927 a month (rent plus utilities), 17% below the Iowa average of $1,113 and 47% below the U.S. average of $1,761. That is up $8 (0.9%) from FY 2026. At 30% of income, a household needs about $37,080 a year to afford it.
- $9272-bedroom FMR+$8 (+0.9%) vs FY 2026
- $7701-bedroom FMRIowa: $902 · U.S.: $1,478
- $37,080Income for a 2-bedroom$18/hour full-time
- 50 of 992BR rank in Iowa1 = highest rent
| Unit | Iowa County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $688 | $682 | +$6 (+0.9%) | $846 | $1,379 | $27,520 |
| 1 bedroom | $770 | $709 | +$61 (+8.6%) | $902 | $1,478 | $30,800 |
| 2 bedrooms | $927 | $919 | +$8 (+0.9%) | $1,113 | $1,761 | $37,080 |
| 3 bedrooms | $1,284 | $1,278 | +$6 (+0.5%) | $1,475 | $2,266 | $51,360 |
| 4 bedrooms | $1,549 | $1,452 | +$97 (+6.7%) | $1,649 | $2,607 | $61,960 |
How Iowa County compares
- Iowa 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: $688, $770, $927, $1,284, $1,549. 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 12 ZIP codes mostly in Iowa County (by land area), the 2-bedroom figure ranges from $930 to $1,030.
Small Area FMRs by ZIP code in Iowa County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 52203 | $800 | $870 | $1,030 | $1,430 | $1,730 | +$30 (+3.0%) | 11% above |
| 52220 | $720 | $810 | $970 | $1,340 | $1,620 | +$30 (+3.2%) | 5% above |
| 52236 | $800 | $870 | $1,030 | $1,430 | $1,730 | +$30 (+3.0%) | 11% above |
| 52251 | $690 | $770 | $930 | $1,280 | $1,550 | +$10 (+1.1%) | about the same as |
| 52301 | $750 | $840 | $1,010 | $1,390 | $1,680 | +$80 (+8.6%) | 9% above |
| 52307 | $690 | $770 | $930 | $1,290 | $1,560 | +$10 (+1.1%) | about the same as |
| 52308 | $690 | $770 | $930 | $1,280 | $1,550 | +$10 (+1.1%) | about the same as |
| 52316 | $690 | $770 | $930 | $1,270 | $1,530 | +$10 (+1.1%) | about the same as |
| 52325 | $800 | $870 | $1,030 | $1,430 | $1,730 | −$50 (−4.6%) | 11% above |
| 52334 | $720 | $800 | $960 | $1,330 | $1,610 | +$20 (+2.1%) | 4% above |
| 52347 | $690 | $770 | $930 | $1,280 | $1,520 | +$10 (+1.1%) | about the same as |
| 52361 | $700 | $780 | $940 | $1,300 | $1,570 | −$10 (−1.1%) | 1% 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.