Location: Taylor County, IA | Metro: Adams County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,310 |
| 5 Bedrooms | $1,520 |
| 6 Bedrooms | $1,702 |
| 7 Bedrooms | $1,838 |
| 8 Bedrooms | $1,930 |
U.S. Census Bureau data (2024)
The ZIP code 50857 presents a unique scenario when analyzed through the lens of yield and stability for Section 8 real estate investments. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $920. This figure is critical as it represents the maximum amount that a landlord can charge for a rental property under the Section 8 program. However, the lack of specific market rent and home value data for this ZIP code introduces an element of uncertainty.
Moving to the stability axis, only a fraction of the population—5.6%—are renters, indicating a lower demand for rental properties compared to areas with higher percentages of renters. The absence of data regarding the average days on market (DOM) suggests that there might be limited competition among landlords, which could either mean fewer opportunities for rapid turnover or less pressure to reduce rents to attract tenants. The median household income of $63,500 provides some insight into the economic stability of the area but does not directly correlate to the stability of rental income.
Given these figures, ZIP 50857 appears to be neither a high-yield/low-stability flip-style market nor a steady-cashflow zone. Instead, it falls somewhere in between. The low percentage of renters points towards a less dynamic rental market, which typically translates to lower yields due to reduced demand and potentially longer vacancy periods. The median income figure suggests that while there is economic stability, it does not necessarily guarantee a robust rental market. Without specific market rent and home value data, making a precise classification is challenging, but the available information leans toward a moderate investment opportunity.
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.