Iowa · FIPS 19117 · HUD FY 2027
Lucas County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lucas County is $951 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 down $24 (2.5%) from FY 2026. At 30% of income, a household needs about $38,040 a year to afford it.
- $9512-bedroom FMR−$24 (−2.5%) vs FY 2026
- $7271-bedroom FMRIowa: $902 · U.S.: $1,478
- $38,040Income for a 2-bedroom$18/hour full-time
- 39 of 992BR rank in Iowa1 = highest rent
| Unit | Lucas County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $706 | $724 | −$18 (−2.5%) | $846 | $1,379 | $28,240 |
| 1 bedroom | $727 | $743 | −$16 (−2.2%) | $902 | $1,478 | $29,080 |
| 2 bedrooms | $951 | $975 | −$24 (−2.5%) | $1,113 | $1,761 | $38,040 |
| 3 bedrooms | $1,279 | $1,250 | +$29 (+2.3%) | $1,475 | $2,266 | $51,160 |
| 4 bedrooms | $1,284 | $1,302 | −$18 (−1.4%) | $1,649 | $2,607 | $51,360 |
How Lucas County compares
- Lucas 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: $706, $727, $951, $1,279, $1,284. 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 5 ZIP codes mostly in Lucas County (by land area), the 2-bedroom figure ranges from $930 to $1,450.
Small Area FMRs by ZIP code in Lucas County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 50049 | $710 | $730 | $950 | $1,280 | $1,280 | −$20 (−2.1%) | about the same as |
| 50068 | $760 | $790 | $1,020 | $1,370 | $1,380 | −$10 (−1.0%) | 7% above |
| 50151 | $1,080 | $1,110 | $1,450 | $1,950 | $1,960 | −$30 (−2.0%) | 52% above |
| 50238 | $690 | $710 | $930 | $1,240 | $1,250 | +$10 (+1.1%) | 2% below |
| 50272 | $710 | $730 | $950 | $1,280 | $1,280 | −$20 (−2.1%) | about the same as |
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.