Fair market rents · FY 2027 · effective October 1, 2026
Iowa fair market rents, FY 2027
The 2-bedroom Fair Market Rent in the median Iowa county is $927 a month for FY 2027, from $927 to $1,450 across the state. The typical county moved +0.9% from FY 2026 and +25.4% over five years; weighted by population, the state average moved +1.3%. The most populous HUD area, Des Moines-West Des Moines, IA, is at $1,360 for a 2-bedroom.
FMRs are HUD's estimate of the 40th percentile gross rent (rent plus utilities) paid by recent movers into standard-quality units. Housing agencies set voucher payment standards from them. Source: HUD FY 2027 FMR file, 91 FR 56156 (published September 1, 2026). This site is not HUD.
| FY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2BR | $752 | $774 | $796 | $797 | $822 | $851 | $932 | $972 | $1,029 | $1,099 | $1,113 |
FY 2026 rents still in force: Davenport-Moline-Rock Island, IA-IL. HUD is reevaluating this area after a valid request, and FY 2026 figures apply until it posts revised FY 2027 FMRs (HUD expects April 2027). The table shows the FY 2026 figures for it.
ZIP-level rents required: Des Moines-West Des Moines, IA; Omaha-Council Bluffs, NE-IA are mandatory Small Area FMR metros, so voucher payment standards there come from the ZIP figure, not the area figure below. Use the ZIP lookup, or see all 65 mandatory metros.
Every HUD rent area in Iowa, FY 2027
92 HUD FMR areas cover 99 counties; 15 are metro areas. Monthly gross rent by bedroom count. The trend line is the 2-bedroom FMR from FY 2017 to FY 2027 for the most populous member.
Biggest one-year move up: Omaha-Council Bluffs, NE-IA, +6.0%. Biggest move down: Ames, IA, −8.0%. HUD caps a one-year drop at 10%.
| HUD area | Studio | 1BR | 2BR | 3BR | 4BR | 1 yr | 5 yr | FY17 to FY27 |
|---|---|---|---|---|---|---|---|---|
| Adair County | 709 | 729 | 954 | 1,236 | 1,380 | +3.0% | +29.1% | |
| Adams County | 700 | 721 | 943 | 1,268 | 1,273 | +1.1% | +12.9% | |
| Allamakee County | 688 | 763 | 927 | 1,284 | 1,475 | +0.9% | +25.4% | |
| Ames | 891 | 944 | 1,061 | 1,469 | 1,768 | −8.0% | +12.5% | |
| Appanoose County | 688 | 709 | 927 | 1,105 | 1,273 | +0.9% | +25.4% | |
| Audubon County | 688 | 852 | 927 | 1,239 | 1,549 | +0.9% | +25.4% | |
| Benton County | 684 | 751 | 982 | 1,267 | 1,291 | +2.7% | +32.9% | |
| Boone County | 763 | 768 | 967 | 1,339 | 1,453 | −5.8% | +19.4% | |
| Bremer County | 712 | 782 | 1,023 | 1,343 | 1,349 | +4.6% | +27.7% | |
| Buchanan County | 712 | 716 | 937 | 1,297 | 1,522 | −0.5% | +17.4% | |
| Buena Vista County | 781 | 788 | 1,031 | 1,284 | 1,355 | +2.1% | +36.6% | |
| Butler County | 688 | 709 | 927 | 1,105 | 1,325 | +0.9% | +25.4% | |
| Calhoun County | 688 | 732 | 927 | 1,113 | 1,218 | +0.9% | +25.4% | |
| Carroll County | 796 | 801 | 927 | 1,174 | 1,239 | +0.9% | +25.4% | |
| Cass County | 688 | 727 | 927 | 1,284 | 1,533 | +0.9% | +25.4% | |
| Cedar County | 720 | 741 | 969 | 1,269 | 1,274 | +0.3% | +18.3% | |
| Cedar Rapids | 734 | 806 | 1,054 | 1,459 | 1,762 | −1.6% | +29.5% | |
| Cerro Gordo County | 744 | 749 | 927 | 1,218 | 1,485 | −2.3% | +12.9% | |
| Cherokee County | 688 | 767 | 927 | 1,203 | 1,288 | +0.9% | +25.4% | |
| Chickasaw County | 688 | 795 | 927 | 1,262 | 1,266 | +0.9% | +25.4% | |
| Clarke County | 659 | 781 | 946 | 1,272 | 1,277 | +2.9% | +11.4% | |
| Clay County | 688 | 709 | 927 | 1,214 | 1,218 | +0.9% | +20.7% | |
| Clayton County | 688 | 721 | 927 | 1,169 | 1,383 | +0.9% | +24.1% | |
| Clinton County | 646 | 709 | 927 | 1,190 | 1,549 | −3.0% | +16.3% | |
| Crawford County | 688 | 783 | 927 | 1,282 | 1,320 | +0.9% | +25.4% | |
| Davenport-Moline-Rock Island, IA-ILR | 817 | 928 | 1,143 | 1,498 | 1,819 | held | +31.2% | |
| Davis County | 792 | 815 | 1,066 | 1,270 | 1,439 | +2.2% | +44.2% | |
| Decatur County | 646 | 709 | 927 | 1,105 | 1,533 | +0.9% | +25.4% | |
| Delaware County | 688 | 852 | 927 | 1,119 | 1,549 | +0.9% | +25.4% | |
| Des Moines County | 769 | 844 | 1,104 | 1,444 | 1,533 | +3.9% | +26.3% | |
| Des Moines-West Des MoinesZDallas, Guthrie, Madison, Polk, Warren | 1,102 | 1,145 | 1,360 | 1,856 | 1,901 | +3.2% | +45.5% | |
| Dickinson County | 829 | 834 | 1,091 | 1,424 | 1,434 | 0.0% | +25.0% | |
| Dubuque | 788 | 891 | 1,131 | 1,516 | 1,865 | +5.0% | +35.6% | |
| Emmet County | 688 | 778 | 927 | 1,247 | 1,251 | +0.9% | +25.4% | |
| Fayette County | 698 | 719 | 940 | 1,240 | 1,306 | +2.3% | +27.2% | |
| Floyd County | 688 | 709 | 927 | 1,136 | 1,359 | +0.9% | +25.4% | |
| Franklin County | 688 | 709 | 927 | 1,143 | 1,549 | +0.9% | +25.4% | |
| Fremont County | 688 | 709 | 927 | 1,284 | 1,320 | +0.9% | +25.4% | |
| Greene County | 688 | 709 | 927 | 1,212 | 1,448 | +0.9% | +25.4% | |
| Hamilton County | 746 | 796 | 1,004 | 1,196 | 1,320 | +1.0% | +24.3% | |
| Hancock County | 688 | 750 | 927 | 1,120 | 1,549 | +0.9% | +25.4% | |
| Hardin County | 688 | 709 | 927 | 1,196 | 1,335 | +0.9% | +25.4% | |
| Henry County | 667 | 732 | 958 | 1,259 | 1,264 | +2.0% | +23.1% | |
| Howard County | 688 | 852 | 927 | 1,284 | 1,523 | +0.9% | +25.4% | |
| Humboldt County | 688 | 820 | 927 | 1,284 | 1,549 | +0.9% | +25.4% | |
| Ida County | 688 | 839 | 927 | 1,155 | 1,218 | +0.9% | +25.4% | |
| Iowa City | 942 | 1,002 | 1,180 | 1,634 | 1,972 | +3.4% | +11.0% | |
| Iowa County | 688 | 770 | 927 | 1,284 | 1,549 | +0.9% | +25.4% | |
| Jackson County | 688 | 709 | 927 | 1,214 | 1,218 | +0.9% | +25.4% | |
| Jasper County | 782 | 787 | 989 | 1,330 | 1,395 | −1.9% | +30.6% | |
| Jefferson County | 832 | 838 | 1,096 | 1,306 | 1,440 | +1.1% | +40.7% | |
| Jones County | 646 | 734 | 927 | 1,214 | 1,218 | +0.9% | +25.4% | |
| Keokuk County | 688 | 766 | 927 | 1,159 | 1,251 | +0.9% | +25.4% | |
| Kossuth County | 709 | 811 | 954 | 1,137 | 1,254 | +3.8% | +29.1% | |
| Lee County | 680 | 746 | 976 | 1,295 | 1,448 | +1.5% | +30.0% | |
| Louisa County | 688 | 709 | 927 | 1,133 | 1,292 | +0.9% | +25.4% | |
| Lucas County | 706 | 727 | 951 | 1,279 | 1,284 | −2.5% | +8.3% | |
| Lyon County | 702 | 722 | 945 | 1,126 | 1,242 | +2.8% | +27.9% | |
| Mahaska County | 718 | 723 | 946 | 1,157 | 1,243 | −0.1% | +26.6% | |
| Marion County | 711 | 826 | 1,021 | 1,217 | 1,378 | +0.5% | +22.3% | |
| Marshall County | 698 | 719 | 940 | 1,231 | 1,235 | −2.0% | +16.0% | |
| Mitchell County | 688 | 801 | 927 | 1,190 | 1,218 | +0.9% | +25.4% | |
| Monona County | 688 | 709 | 927 | 1,162 | 1,549 | +0.9% | +25.4% | |
| Monroe County | 688 | 709 | 927 | 1,247 | 1,251 | +0.9% | +19.9% | |
| Montgomery County | 688 | 852 | 927 | 1,267 | 1,378 | +0.9% | +25.4% | |
| Muscatine County | 812 | 867 | 1,093 | 1,315 | 1,622 | +2.1% | +15.7% | |
| O'Brien County | 688 | 709 | 927 | 1,105 | 1,218 | +0.9% | +25.4% | |
| Omaha-Council Bluffs, NE-IAZHarrison, Mills, Pottawattamie | 1,167 | 1,219 | 1,450 | 1,924 | 2,179 | +6.0% | +48.9% | |
| Osceola County | 688 | 709 | 927 | 1,214 | 1,218 | +0.9% | +25.4% | |
| Page County | 688 | 709 | 927 | 1,184 | 1,255 | +0.9% | +25.4% | |
| Palo Alto County | 688 | 709 | 927 | 1,247 | 1,251 | +0.9% | +25.4% | |
| Plymouth County | 756 | 778 | 1,018 | 1,315 | 1,385 | +3.9% | +37.8% | |
| Pocahontas County | 663 | 709 | 927 | 1,214 | 1,218 | +0.9% | +25.4% | |
| Poweshiek County | 729 | 854 | 1,014 | 1,403 | 1,433 | +2.6% | +27.1% | |
| Ringgold County | 688 | 725 | 927 | 1,151 | 1,251 | +0.9% | +25.4% | |
| Sac County | 791 | 796 | 927 | 1,215 | 1,219 | +0.9% | +25.4% | |
| Shelby County | 688 | 838 | 927 | 1,214 | 1,218 | +0.9% | +25.4% | |
| Sioux City, IA-NE-SD | 831 | 965 | 1,194 | 1,447 | 1,618 | +3.5% | +37.2% | |
| Sioux County | 741 | 764 | 1,000 | 1,279 | 1,361 | +3.0% | +34.2% | |
| Tama County | 702 | 722 | 945 | 1,198 | 1,317 | +0.4% | +23.0% | |
| Taylor County | 688 | 710 | 927 | 1,198 | 1,290 | +0.9% | +25.4% | |
| Union County | 646 | 709 | 927 | 1,210 | 1,218 | +0.9% | +25.4% | |
| Van Buren County | 706 | 726 | 950 | 1,132 | 1,515 | +3.4% | +28.6% | |
| Wapello County | 799 | 823 | 1,076 | 1,409 | 1,414 | +0.7% | +30.7% | |
| Washington County | 761 | 766 | 1,002 | 1,278 | 1,317 | +4.2% | +18.3% | |
| Waterloo-Cedar FallsBlack Hawk, Grundy | 763 | 838 | 1,096 | 1,401 | 1,832 | +4.3% | +23.3% | |
| Wayne County | 688 | 723 | 927 | 1,232 | 1,251 | +0.9% | +25.4% | |
| Webster County | 667 | 709 | 927 | 1,191 | 1,549 | +0.9% | +25.4% | |
| Winnebago County | 688 | 818 | 927 | 1,284 | 1,374 | +0.9% | +25.4% | |
| Winneshiek County | 688 | 710 | 927 | 1,214 | 1,218 | +0.9% | +25.4% | |
| Worth County | 688 | 709 | 927 | 1,284 | 1,293 | +0.9% | +25.4% | |
| Wright County | 701 | 722 | 944 | 1,125 | 1,241 | +2.7% | +27.7% |
Dollars per month, FY 2027 file as published September 1, 2026; rows marked R show FY 2026. "1 yr" compares the FY 2027 2BR with FY 2026, "5 yr" with FY 2022. HUD's methods changed over these years, so part of any move is method, not market. Area names are HUD's.
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We'll write once when HUD publishes FY 2028 Fair Market Rents, or revised FY 2027 figures, for your ZIP's HUD area in Iowa. HUD's FY 2028 starts October 1, 2027.
Using these numbers on a rental
The FMR sets the range for voucher payments; it is not a rent estimate for your unit. A housing agency picks a payment standard between 90% and 110% of it, then checks your asking rent against similar unassisted units nearby. Both figures cover rent plus utilities, so the agency's allowance for any utilities the tenant pays comes off the top.
Take a 2-bedroom at $927, a payment standard at 100% of FMR, and a $150 utility allowance (an example; each agency publishes its own schedule). Then the voucher can cover a contract rent of up to $777 ($927 minus $150), with the tenant paying the usual 30% of income. How to underwrite with FMR works through the rest.