Location: Clayton County, IA | Metro: Clayton County, IA
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 | $690 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $930 | $182,821 | 0.51% | F |
| 3BR | $1,170 | $238,691 | 0.49% | F |
| 4BR | $1,380 | $299,512 | 0.46% | F |
U.S. Census Bureau data (2024)
ZIP code 52157, located within the Clayton County, IA metro, presents a unique profile when compared against typical ZIP codes in the same area. The Fair Market Rent (FMR) for ZIP 52157 is set at $920 for fiscal year 2026, which is notably higher than the market rent figure of $714. This discrepancy suggests that the government's assessment of rental value in this ZIP is above what the local market naturally demands, potentially indicating an overestimation of rental costs or a higher concentration of subsidized housing units.
The median home value of $225,461 is consistent with other ZIP codes in Clayton County, suggesting that the real estate market in 52157 aligns closely with regional norms. However, the renter share of 28.7% stands out as it is likely higher than the average for Clayton County ZIPs, pointing towards a significant portion of the population relying on rental housing. High renter shares can be indicative of areas where Section 8 vouchers are prevalent, attracting low-income renters who benefit from federal assistance.
Given the specifics, ZIP 52157 appears to be a mid-tier neighborhood within its metro. The FMR exceeds the market rent, which could create opportunities for landlords who can leverage Section 8 contracts to receive higher rents than the natural market rate. Additionally, the elevated renter share combined with home values that match the county average might signal a location attractive to tenants with Section 8 vouchers, making it a valuable consideration for those interested in investing in properties that cater to this demographic.
To further assess if 52157 is a 'value pocket' or a 'premium sub-market', additional analysis would be required, such as examining vacancy rates, property tax rates, and the local economy. However, based on the provided data, the ZIP code presents itself as a middle-ground opportunity, offering potential returns through Section 8 participation without the premium pricing associated with wealthier neighborhoods.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.