Location: Winneshiek County, IA | Metro: Fayette County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
U.S. Census Bureau data (2024)
The classification of ZIP code 52133 hinges upon its unique blend of yield and stability metrics. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 stands at $920, which serves as a benchmark for rental yields. However, the lack of specific market rental data means we must rely on FMR as an indicator. With an average home value of $294,010, this figure suggests that the investment cost per unit is relatively high, impacting the potential return on investment.
In terms of stability, the ZIP code reveals a smaller percentage of renters at 7.8%, indicating a lower demand for rental properties compared to areas with higher percentages. The absence of data regarding days on market (DOM) makes it challenging to assess the speed at which rental units can be filled, but the median household income of $76,250 offers some insight into the financial health of potential tenants.
Given these specifics, ZIP 52133 leans towards being a steady-cashflow zone. This classification is driven primarily by the moderate renter percentage and the substantial median income, which supports stable occupancy rates and reliable rent payments. Despite the high home value, the $920 FMR suggests that rental income can provide a consistent cash flow, though perhaps not the highest yield available in the market. The key figures here—$920 FMR, $294,010 home value, and $76,250 median income—point to a scenario where long-term investments in rental properties can generate predictable returns without the volatility often associated with high-yield markets.
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.