Location: Allamakee County, IA | Metro: Allamakee 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 | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,300 | $243,796 | 0.53% | F |
| 4BR | $1,580 | $263,838 | 0.6% | F |
U.S. Census Bureau data (2024)
The ZIP code 52160 encompasses a small community with a total population of 818 residents. This area is characterized by a modest rental market, where only 15.2% of the residents are renters. The median household income in this neighborhood stands at $85,204, indicating a relatively affluent demographic. The median home value in ZIP 52160 is $226,085, which reflects a stable housing market.
Moving into the specifics of the rental economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $920. However, due to limited data, the exact market rent for ZIP 52160 remains unspecified. Given the low percentage of renters and the absence of detailed market rent information, it's challenging to assess the direct profitability of Section 8 properties in this ZIP code.
For a hands-off voucher operator, the stability of the housing market and the modest size of the rental segment suggest that while there might be opportunities, they could be few and far between. On the other hand, a hands-on value-add buyer might find potential in the area's affluent nature and the opportunity to improve property values, even if the Section 8 program itself offers limited scope for passive investment.
In summary, ZIP 52160 presents a niche market for Section 8 investments. It is better suited for active investors looking to capitalize on the affluent demographic and potentially increase property values through improvements rather than for those seeking purely hands-off operations.
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.