Location: Jackson County, IA | Metro: Clinton County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 52207 in the Jackson County, IA metro area reveals several key points that are crucial for landlords and small-portfolio investors.
The rent math does not work in favor of landlords based on the available data. The Fair Market Rent (FMR) for the area, set at $970 for fiscal year 2026, is the only figure provided. Without a comparison to the actual market rent, it's challenging to assess whether this is above or below the average. However, given that the market rent is listed as N/A, it suggests a lack of comprehensive data, which could indicate either an underserved market or one where rental pricing is less standardized.
Acquisition in this area is relatively affordable. With a median home value of $263,357, potential investors can secure properties at a lower cost compared to many other regions. The absence of specific days on market (DOM) and percentage of homes needing a price cut indicates that the housing market might be stable or less competitive, but this also means that investors should gather more localized data to make informed decisions about property values and sales trends.
Tenant demand is present but limited. The ZIP code has a population of 256, with a renter share of 13.1%. This implies a small pool of potential tenants, which could affect occupancy rates and the overall viability of rental investments in the area. Given the low population, landlords might need to consider broader marketing strategies to attract renters from neighboring areas.
In summary, while the median home value makes acquisition potentially affordable, the lack of detailed market rent data and the limited tenant pool pose challenges for landlords and small-portfolio investors. The FMR of $970 is the primary guide for setting rents, but without additional context on local market conditions, caution is advised. Investors should conduct thorough due diligence to understand the unique dynamics of this small ZIP code before making any investment decisions.
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.