Rent by ZIP · Mills County
Rent in Malvern, IA 51551
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,110 (+1.8% vs FY2026). Renters in this ZIP code pay a median $870 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $890 | $870 | +2.3% | $801–979 | – |
| 1 bedroom | $930 | $920 | +1.1% | $837–1,023 | $658 ±$73 |
| 2 bedrooms | $1,110 | $1,090 | +1.8% | $999–1,221 | $883 ±$207 |
| 3 bedrooms | $1,470 | $1,440 | +2.1% | $1,323–1,617 | $1,188 ±$168 |
| 4 bedrooms | $1,670 | $1,630 | +2.5% | $1,503–1,837 | – |
Small Area FMRs for the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Omaha-Council Bluffs, NE-IA HUD Metro FMR Area, 2 bedrooms: $1,450.
What renters pay in 51551
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 51550 | Magnolia | $1,070 | – |
| 51552 | Marne | $1,010 | – |
| 51549 | Macedonia | $1,010 | – |
| 51553 | Minden | $1,010 | $646 |
| 51548 | Mc Clelland | $1,200 | – |
| 51555 | Missouri Valley | $1,050 | $906 |
Fair Market Rents across Mills County, IA · All IA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.