Iowa · FIPS 19125 · HUD FY 2027
Marion County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Marion County is $1,021 a month (rent plus utilities), 8% below the Iowa average of $1,113 and 42% below the U.S. average of $1,761. That is up $5 (0.5%) from FY 2026. At 30% of income, a household needs about $40,840 a year to afford it.
- $1,0212-bedroom FMR+$5 (+0.5%) vs FY 2026
- $8261-bedroom FMRIowa: $902 · U.S.: $1,478
- $40,840Income for a 2-bedroom$20/hour full-time
- 25 of 992BR rank in Iowa1 = highest rent
| Unit | Marion County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $711 | $701 | +$10 (+1.4%) | $846 | $1,379 | $28,440 |
| 1 bedroom | $826 | $808 | +$18 (+2.2%) | $902 | $1,478 | $33,040 |
| 2 bedrooms | $1,021 | $1,016 | +$5 (+0.5%) | $1,113 | $1,761 | $40,840 |
| 3 bedrooms | $1,217 | $1,218 | −$1 (−0.1%) | $1,475 | $2,266 | $48,680 |
| 4 bedrooms | $1,378 | $1,356 | +$22 (+1.6%) | $1,649 | $2,607 | $55,120 |
How Marion County compares
- Marion 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: $711, $826, $1,021, $1,217, $1,378. 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 Marion County (by land area), the 2-bedroom figure ranges from $930 to $1,190.
Small Area FMRs by ZIP code in Marion County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 50044 | $650 | $740 | $930 | $1,120 | $1,250 | +$10 (+1.1%) | 9% below |
| 50057 | $680 | $750 | $950 | $1,200 | $1,280 | −$10 (−1.0%) | 7% below |
| 50062 | $650 | $750 | $930 | $1,100 | $1,250 | −$30 (−3.1%) | 9% below |
| 50116 | $670 | $740 | $930 | $1,170 | $1,260 | no change | 9% below |
| 50119 | $760 | $880 | $1,090 | $1,300 | $1,470 | +$70 (+6.9%) | 7% above |
| 50138 | $670 | $780 | $960 | $1,140 | $1,300 | no change | 6% below |
| 50163 | $650 | $750 | $930 | $1,100 | $1,250 | +$10 (+1.1%) | 9% below |
| 50214 | $760 | $820 | $1,030 | $1,290 | $1,410 | no change | 1% above |
| 50219 | $830 | $960 | $1,190 | $1,420 | $1,600 | +$20 (+1.7%) | 17% above |
| 50225 | $670 | $770 | $950 | $1,140 | $1,290 | −$10 (−1.0%) | 7% below |
| 50252 | $800 | $860 | $1,050 | $1,360 | $1,450 | −$10 (−0.9%) | 3% above |
| 50256 | $700 | $780 | $980 | $1,180 | $1,320 | +$20 (+2.1%) | 4% 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.