Location: Jackson County, IA | Metro: Dubuque, IA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,310 | $348,771 | 0.38% | F |
U.S. Census Bureau data (2024)
The ZIP code 52054 is situated in a tranquil, suburban neighborhood characterized by a low density of rental properties. With a total population of 794 residents, only 6.0% are renters, indicating a predominantly owner-occupied area. The median household income stands at $103,819, suggesting a relatively affluent community. The median home value in this area is $359,511, reflecting the high cost of homeownership and the overall economic status of the region.
From an investment perspective, the Fair Market Rent (FMR) for ZIP 52054 in fiscal year 2024 is set at $860. However, due to the scarcity of rental properties, reliable market rent data is currently unavailable. This lack of rental inventory implies that there is limited competition for tenants, which could be advantageous for landlords and small-portfolio investors looking to capitalize on the demand for affordable housing.
Given the characteristics of ZIP 52054, it appears to be more suitable for a hands-on value-add buyer rather than a hands-off voucher operator. The low percentage of renters suggests that there is room to increase the number of rental units, thereby catering to the needs of those who qualify for Section 8 assistance. A hands-on approach would allow investors to manage the properties effectively, ensuring compliance with HUD regulations and maintaining the quality of the homes to attract and retain tenants. Additionally, the potential to add rental units can lead to higher occupancy rates and stable cash flows, making it a worthwhile venture for those willing to actively participate in property management.
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.