Fair Market Rent · Iowa
Fair Market Rent in Madison 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 Madison County is $1,360 a month, +3.2% from FY2026. Madison County is part of the Des Moines-West Des Moines, 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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,102 | $1,063 | +3.7% | $992–1,212 |
| 1 bedroom | $1,145 | $1,109 | +3.2% | $1,030–1,260 |
| 2 bedrooms | $1,360 | $1,318 | +3.2% | $1,224–1,496 |
| 3 bedrooms | $1,856 | $1,794 | +3.5% | $1,670–2,042 |
| 4 bedrooms | $1,901 | $1,841 | +3.3% | $1,711–2,091 |
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 Madison 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 |
|---|---|---|---|---|
| 50033 | Bevington | $1,090 | – | – |
| 50061 | Cumming | $1,320 | – | $1,163 |
| 50070 | Dexter | $1,080 | $833 | $855 |
| 50072 | Earlham | $1,200 | $1,025 | $784 |
| 50149 | Lorimor | $1,010 | $853 | $836 |
| 50155 | Macksburg | $1,090 | – | $794 |
| 50218 | Patterson | $1,240 | – | – |
| 50222 | Peru | $1,090 | – | $850 |
| 50240 | Saint Charles | $1,090 | $848 | $855 |
| 50257 | Truro | $1,020 | – | $1,063 |
| 50261 | Van Meter | $1,150 | – | $1,069 |
| 50273 | Winterset | $1,240 | $1,035 | $1,142 |
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.