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Fair Market Rent · Iowa

Fair Market Rent in Boone County, IA

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$763studio
$7681 bedroom
$9672 bedrooms
$1,3393 bedrooms
$1,4534 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Boone County is $967 a month, -5.8% from FY2026. Boone County is part of the Boone County, IA HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$763$783-2.6%$687–839
1 bedroom$768$788-2.5%$691–845
2 bedrooms$967$1,026-5.8%$870–1,064
3 bedrooms$1,339$1,427-6.2%$1,205–1,473
4 bedrooms$1,453$1,500-3.1%$1,308–1,598

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Boone County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
50031Beaver$930––
50036Boone$970$890$847
50040Boxholm$930–$556
50152Luther$990––
50156Madrid$990$858$768
50212Ogden$930$732$743
50223Pilot Mound$930––
50276Woodward$1,040$845–

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.