Location: Sac County, IA | Metro: Sac County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,220 |
| 5 Bedrooms | $1,415 |
| 6 Bedrooms | $1,585 |
| 7 Bedrooms | $1,712 |
| 8 Bedrooms | $1,798 |
U.S. Census Bureau data (2024)
ZIP code 50583, located within the Sac County, IA metro area, presents a unique profile when compared to typical ZIP codes in the region. The Fair Market Rent (FMR) for the fiscal year 2026 is set at $920, which is higher than the average market rent of $669. This suggests that 50583 is positioned as a slightly above-average rental market within the county.
The median home value in ZIP 50583 is $141,906, indicating that it is a mid-tier neighborhood in terms of property values. However, the renter share in this ZIP is notably high at 28.3%, which is significantly above the typical Sac County, IA ZIP codes.
This combination of a higher-than-average FMR with a below-metro median home value is indicative of a potential value pocket for landlords and small-portfolio investors interested in Section 8 properties. A high renter share coupled with relatively lower home values often signals an area where Section 8 vouchers are commonly used, making it a favorable location for those seeking stable rental income through government assistance programs.
To summarize, ZIP 50583 appears to be a mid-tier neighborhood in terms of property values but stands out as a value pocket for Section 8 investments due to its higher FMR and substantial renter share. These factors make it a strategic choice for investors looking to capitalize on the demand for affordable housing within the Sac County, IA metro area.
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.