Rent by ZIP · Montgomery County
Rent in Red Oak, IA 51566
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+5.2% vs FY2026). Renters in this ZIP code pay a median $829 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $750 | $730 | +2.7% | $675–825 | – |
| 1 bedroom | $930 | $880 | +5.7% | $837–1,023 | $532 ±$327 |
| 2 bedrooms | $1,010 | $960 | +5.2% | $909–1,111 | $829 ±$80 |
| 3 bedrooms | $1,400 | $1,320 | +6.1% | $1,260–1,540 | $938 ±$237 |
| 4 bedrooms | $1,520 | $1,410 | +7.8% | $1,368–1,672 | $1,129 ±$64 |
Small Area FMRs for the Montgomery County, IA. 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 Montgomery County, IA, 2 bedrooms: $927.
What renters pay in 51566
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 |
|---|---|---|---|
| 51565 | Portsmouth | $1,010 | – |
| 51564 | Pisgah | $1,010 | $838 |
| 51563 | Persia | $1,250 | $1,028 |
| 51562 | Panama | $1,010 | – |
| 51570 | Shelby | $1,010 | $841 |
| 51561 | Pacific Junction | $1,190 | – |
Fair Market Rents across Montgomery 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.