Location: Jones County, IA | Metro: Jones County, IA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $660 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,240 |
| 5 Bedrooms | $1,438 |
| 6 Bedrooms | $1,611 |
| 7 Bedrooms | $1,740 |
| 8 Bedrooms | $1,827 |
U.S. Census Bureau data (2024)
The ZIP code 52252 presents an interesting scenario when viewed from the perspective of renters. Given the lack of specific median income data, it is challenging to assess the financial capacity of households to cover the market rent, which is also listed as N/A. However, we can still analyze the situation based on the available information.
The voucher payment standard for Fair Market Rent (FMR) in ZIP 52252 for fiscal year 2024 is set at $860. This figure serves as a benchmark for what the government deems affordable for low-income families. Considering the extremely low number of renters—only 0.0% of the population—and a total population of just 13, the rental market in this area is virtually non-existent.
The scarcity of renters implies a highly competitive environment for landlords, where finding tenants willing to pay market rates may be difficult. The FMR of $860 becomes a significant point of reference since it represents the maximum amount that voucher recipients can contribute towards rent. In such a sparsely populated area, landlords should expect to rely heavily on voucher programs to secure tenants, given the limited pool of potential cash-paying renters.
The takeaway for landlords considering their strategy in ZIP 52252 is clear: focusing on accepting housing vouchers is likely the most viable approach to ensure occupancy. While cash-paying tenants might be few and far between, voucher holders provide a guaranteed income stream that aligns with the government's affordability standards. Landlords must weigh the benefits of consistent rental payments against the administrative requirements of participating in voucher programs.
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.