FeaturesUse casesHow it worksPricingGuidesFAQAboutContactPro dashboardCheck a rent

Fair Market Rent · Iowa

Fair Market Rent in Grundy County, IA

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

$763studio
$8381 bedroom
$1,0962 bedrooms
$1,4013 bedrooms
$1,8324 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Grundy County is $1,096 a month, +4.3% from FY2026. Grundy County is part of the Waterloo-Cedar Falls, 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$725+5.2%$687–839
1 bedroom$838$801+4.6%$754–922
2 bedrooms$1,096$1,051+4.3%$986–1,206
3 bedrooms$1,401$1,357+3.2%$1,261–1,541
4 bedrooms$1,832$1,763+3.9%$1,649–2,015

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 Grundy 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
50609Beaman$950$775$785
50621Conrad$950$763$840
50624Dike$950–$711
50638Grundy Center$950$738–
50642Holland$1,260–$1,087
50657Morrison$950––
50669Reinbeck$950$731$914
50673Stout$1,000–$775
50680Wellsburg$950$683$584

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.