Rent by ZIP · Johnson County
Rent in Iowa City, IA 52240
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,260 (+4.1% vs FY2026). Renters in this ZIP code pay a median $1,047 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,010 | $930 | +8.6% | $909–1,111 | $1,020 ±$152 |
| 1 bedroom | $1,070 | $1,020 | +4.9% | $963–1,177 | $878 ±$29 |
| 2 bedrooms | $1,260 | $1,210 | +4.1% | $1,134–1,386 | $1,114 ±$48 |
| 3 bedrooms | $1,740 | $1,680 | +3.6% | $1,566–1,914 | $1,443 ±$184 |
| 4 bedrooms | $2,110 | $2,030 | +3.9% | $1,899–2,321 | $1,362 ±$313 |
Small Area FMRs for the Iowa City, IA HUD Metro FMR Area. 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 Iowa City, IA HUD Metro FMR Area, 2 bedrooms: $1,180.
What renters pay in 52240
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 |
|---|---|---|---|
| 52241 | Coralville | $1,180 | $1,030 |
| 52242 | Iowa City | $1,230 | – |
| 52237 | Hopkinton | $970 | – |
| 52235 | Hills | $1,210 | $1,135 |
| 52245 | Iowa City | $1,330 | $1,221 |
| 52246 | Iowa City | $1,200 | $1,054 |
Fair Market Rents across Johnson 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.