Fair Market Rent · Iowa
Fair Market Rent in Clay County, IA
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Clay County is $927 a month, +0.9% from FY2026. Clay County is part of the Clay County, IA (a non-metro county 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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $688 | $682 | +0.9% | $619–757 |
| 1 bedroom | $709 | $700 | +1.3% | $638–780 |
| 2 bedrooms | $927 | $919 | +0.9% | $834–1,020 |
| 3 bedrooms | $1,214 | $1,198 | +1.3% | $1,093–1,335 |
| 4 bedrooms | $1,218 | $1,217 | +0.1% | $1,096–1,340 |
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 Clay County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 51033 | Linn Grove | $1,520 | – | $1,360 |
| 51047 | Peterson | $1,040 | – | $925 |
| 51301 | Spencer | $990 | $878 | $807 |
| 51333 | Dickens | $1,180 | – | $1,097 |
| 51338 | Everly | $990 | $813 | $713 |
| 51340 | Fostoria | $930 | – | – |
| 51341 | Gillett Grove | $1,030 | – | – |
| 51343 | Greenville | $1,000 | – | – |
| 51357 | Royal | $1,040 | $910 | $895 |
| 51366 | Webb | $1,110 | – | $681 |
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.