Section 8 Fair Market Rent (FMR) for ZIP 52037 - 2027

Location: Jackson County, IA | Metro: Clinton County, IA

Investment Score for ZIP 52037

N/A
Monthly Rent (2BR)
$930
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$650
1 Bedroom$710
2 Bedrooms$930
3 Bedrooms$1,190
4 Bedrooms$1,520
5 Bedrooms$1,763
6 Bedrooms$1,975
7 Bedrooms$2,133
8 Bedrooms$2,240

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,190 $266,193 0.45% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,172
Median Household Income
$90,813
Housing Units
479
Renter Percentage
10.6%
Occupancy Rate
90.8%
Renter Occupied
46

The analysis of ZIP code 52037 reveals a unique balance between yield and stability that does not fully align with either high-yield/low-stability flip-style markets or steady-cashflow zones. Instead, it falls into a category that offers moderate potential for both.

On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,020, while the market rent is slightly lower at $941. Given the median home value of $255,497, these rental rates suggest a decent return on investment, especially when considering the FMR as a benchmark for potential rental income.

Moving to the stability axis, the ZIP code has a relatively low percentage of renters at 10.6%, which could indicate a less stable rental market. However, the average daily days on market (DOM) figure is not available, which might imply that properties in this area sell quickly once listed, a positive sign for stability. Additionally, the median household income of $90,813 provides a solid foundation for tenant financial stability, suggesting that those who do rent are likely to be reliable.

To summarize, ZIP 52037 presents a scenario where the rental income ($1,020 FMR, $941 market) is moderately attractive compared to the home value ($255,497), indicating a reasonable yield. The low renter population percentage (10.6%) suggests some instability, but the higher median income ($90,813) counterbalances this by ensuring tenants have the means to pay rent consistently. Therefore, this ZIP code is best classified as a market offering moderate yield and stability, suitable for investors seeking a balanced approach rather than high-risk, high-reward opportunities.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.