Location: Louisa County, IA | Metro: Washington County, IA HUD Metro FMR Area
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 | $700 |
| 1 Bedroom | $710 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,180 |
| 4 Bedrooms | $1,220 |
| 5 Bedrooms | $1,415 |
| 6 Bedrooms | $1,585 |
| 7 Bedrooms | $1,712 |
| 8 Bedrooms | $1,798 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,180 | $235,217 | 0.5% | F |
U.S. Census Bureau data (2024)
ZIP code 52201, located within the Louisa County, IA metro, presents a unique profile when compared to typical ZIP codes in the area. The Fair Market Rent (FMR) for ZIP 52201 is set at $860 for fiscal year 2024, which is notably lower than the market rent figure of $1,375. This indicates that properties in this ZIP code are eligible for rental assistance under the Section 8 program at a rate significantly below what the market demands.
The median home value in ZIP 52201 stands at $236,865, which is a critical metric for understanding the overall real estate landscape. When juxtaposed against other ZIP codes in Louisa County, this figure suggests that 52201 could be considered a value pocket, offering landlords and small-portfolio investors an opportunity to acquire properties at potentially lower costs relative to their neighbors.
The renter share in ZIP 52201 is 16.7%, which is a key indicator of the demand for rental properties. While this percentage may not be exceptionally high, it does suggest a reasonable level of interest from renters, particularly those who might benefit from the Section 8 program given the disparity between FMR and market rents.
To summarize, ZIP 52201 appears to be a value pocket within the Louisa County, IA metro. It offers lower FMRs and median home values compared to the market rent, making it attractive for landlords seeking to participate in the Section 8 program. The relatively low renter share suggests a moderate but stable rental market, suitable for investors looking for a balance between property acquisition cost and rental income potential.
Note: To provide a comprehensive analysis, specific comparative data from other ZIP codes within Louisa County would be necessary. However, based on the provided figures, ZIP 52201 stands out as a potentially advantageous investment location due to its favorable metrics for Section 8 participation.
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.