Section 8 Fair Market Rent (FMR) for ZIP 52071 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$830
1 Bedroom$860
2 Bedrooms$1,120
3 Bedrooms$1,470
4 Bedrooms$1,470
5 Bedrooms$1,705
6 Bedrooms$1,910
7 Bedrooms$2,063
8 Bedrooms$2,166

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
135
Median Household Income
$44,141
Housing Units
79
Renter Percentage
13.9%
Occupancy Rate
100.0%
Renter Occupied
11

The ZIP code 52071 is situated in a rural area of Iowa, characterized by a modest population of 135 residents. The community has a relatively low percentage of renters at 13.9%, indicating that homeownership is prevalent. With a median income of $44,141, it's clear that the local economy supports a middle-class lifestyle, though the specific median home value is not available, suggesting that housing data might be sparse or less frequently reported due to the small population size.

Moving into the economic specifics of rental properties, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960. This figure represents the benchmark for Section 8 housing subsidies in the region. In contrast, the actual market rent for ZIP 52071 is higher at $1,097, according to the Census Bureau's American Community Survey (ACS). This discrepancy suggests that landlords participating in the Section 8 program could face a shortfall between the subsidy amount and the market rent, which stands at approximately $137 per month.

Given these conditions, ZIP 52071 would likely appeal more to hands-off voucher operators rather than hands-on value-add buyers. The lower percentage of renters and the gap between FMR and market rent indicate that there is limited opportunity for increasing rents beyond the subsidized rate. Therefore, landlords looking for stable, long-term investments with predictable returns may find this ZIP code suitable, whereas those seeking to actively manage properties and increase their value through improvements or strategic positioning might find fewer opportunities here.

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.