Location: Clayton County, IA | Metro: Clayton County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
U.S. Census Bureau data (2024)
20.4% of residents in ZIP code 52066 are renters, indicating a notable demand for rental properties in the area. The Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $970, which serves as a benchmark for rental pricing. Landlords should note that the median income of $51,563 suggests potential tenants may have limited financial capacity beyond this FMR figure.
N/A data points for market rent and median home value indicate either a lack of significant housing transactions or an underdeveloped real estate market in this region. This absence of data could mean that there is less competition for property listings, potentially giving landlords more control over rental rates within reason.
The N/A-day DOM (Days on Market) and N/A% price-cut share further highlight the scarcity of detailed housing transaction data, possibly due to low turnover rates or a smaller volume of sales and rentals. For investors looking to enter the market, this could imply fewer opportunities but also less risk of rapid price fluctuations.
Given the established FMR of $970 and the median income of $51,563, the Section 8 program can be a viable option for landlords in ZIP 52066. It ensures a steady stream of rental income without the uncertainty of market fluctuations. The verdict on Section 8 participation for this area is positive, considering the stable tenant pool and guaranteed payments aligned with the FMR.
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.