Location: Kossuth County, IA | Metro: Kossuth County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,140 |
| 4 Bedrooms | $1,250 |
| 5 Bedrooms | $1,450 |
| 6 Bedrooms | $1,624 |
| 7 Bedrooms | $1,754 |
| 8 Bedrooms | $1,842 |
U.S. Census Bureau data (2024)
The ZIP code 50522 stands out within the county due to its unique data signature. With a population of 705 residents, it has a rental rate of 16.5%, which is notably lower than the national average. The median income here is $67,813, providing a glimpse into the economic status of the area's inhabitants. Additionally, the median home value in this ZIP code is $127,475, indicating a relatively stable housing market.
Moving onto the voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,020. This figure is significantly higher than the current market rent, which is estimated at $700 according to the Census ACS. This discrepancy suggests that landlords and small-portfolio investors could potentially benefit from participating in the Section 8 program, as the vouchers aim to cover a larger portion of the rent compared to what the market currently dictates.
The data signature for ZIP 50522 reads as "stable." Despite the low rental rate and the gap between the FMR and market rent, the median income and home values indicate a community that is financially sound and not prone to rapid changes. This stability can be advantageous for investors looking for consistent returns and less risk of sudden market shifts.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.