Fair Market Rent · Iowa
Fair Market Rent in Story 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 Story County is $1,061 a month, -8% from FY2026. Story County is part of the Ames, 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 | $891 | $972 | -8.3% | $802–980 |
| 1 bedroom | $944 | $1,026 | -8% | $850–1,038 |
| 2 bedrooms | $1,061 | $1,153 | -8% | $955–1,167 |
| 3 bedrooms | $1,469 | $1,601 | -8.2% | $1,322–1,616 |
| 4 bedrooms | $1,768 | $1,934 | -8.6% | $1,591–1,945 |
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 Story 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 |
|---|---|---|---|---|
| 50010 | Ames | $1,080 | $970 | $973 |
| 50012 | Ames | $1,180 | – | – |
| 50013 | Ames | $1,200 | – | – |
| 50014 | Ames | $1,210 | $1,096 | $1,065 |
| 50046 | Cambridge | $1,160 | $685 | $925 |
| 50055 | Collins | $1,040 | $1,304 | $823 |
| 50056 | Colo | $1,040 | $1,014 | $1,042 |
| 50105 | Gilbert | $1,040 | $882 | $865 |
| 50124 | Huxley | $1,350 | $1,078 | $1,393 |
| 50134 | Kelley | $1,040 | $951 | $956 |
| 50154 | Mc Callsburg | $1,040 | $810 | $676 |
| 50201 | Nevada | $1,040 | $894 | $963 |
| 50236 | Roland | $1,120 | – | $1,105 |
| 50248 | Story City | $1,040 | $997 | $1,021 |
| 50278 | Zearing | $1,040 | $744 | $693 |
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.