Location: Van Buren County, IA | Metro: Davis 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 | $700 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,130 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,130 | $147,577 | 0.77% | D |
U.S. Census Bureau data (2024)
The real estate market in ZIP 52570 is set to maintain a steady trajectory over the next 12-24 months, with implications for both pricing power and rental income dynamics. The median home value stands at $152,775, a figure that reflects a balanced market where neither buyers nor sellers hold overwhelming advantage.
The absence of data regarding the percentage of listings that have been reduced and the median days on market (DOM) suggests a stable environment where homes are selling at or near their asking prices without significant delays. This stability indicates that pricing power will likely remain consistent, allowing landlords and small-portfolio investors to maintain current rent levels without substantial adjustments.
On the rental side, the Federal Market Rent (FMR) for ZIP 52570 is projected to be $920 for fiscal year 2026, slightly above the current market rate of $910 as reported by the Census Bureau's American Community Survey (ACS). This modest increase signals a potential opportunity for landlords to gradually adjust rents upwards, aligning with the expected FMR, though they must do so cautiously to avoid tenant turnover.
For long-term investors, the realistic appreciation thesis is tied to broader economic factors such as job growth, population trends, and interest rates. While the data does not suggest rapid appreciation, the combination of stable home values and a slight upward trend in rental rates points to a conservative growth scenario. Investors can expect their properties to retain value and generate modest returns through rental income, without the volatility seen in more dynamic markets.
The setup implied by the data suggests a market where maintaining current investment strategies is advisable. Landlords should focus on property maintenance and efficient management practices to ensure steady cash flow and asset preservation. Small-portfolio investors should continue to evaluate local economic indicators and broader housing market trends to inform their decisions on property acquisition and holding.
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.