Location: Henry County, IA | Metro: Henry County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 52652 is set at $960 for the fiscal year 2026. This figure represents the payment standard for landlords participating in the Section 8 program, not the actual rent charged to tenants. The government uses this amount to determine the maximum subsidy it will pay on behalf of eligible renters.
In ZIP 52652, the local market rent is currently listed as N/A, which means there isn't enough data to provide a specific comparison against the FMR. However, the 0.0% renter share indicates that there is no significant demand for Section 8 rentals in this area based on available data. This could mean that landlords might face challenges in filling units under the program, or that the local housing market is not well-represented in the data.
The acquisition cost for properties in this ZIP code is also listed as N/A, suggesting that there isn't sufficient information to estimate the typical cost of buying a rental property here. Landlords should conduct thorough research on local real estate prices to understand the potential investment required.
To proceed with confidence, landlords must verify that their proposed rental unit meets the Housing Quality Standards (HQS) set by the Department of Housing and Urban Development (HUD). This ensures that the property is in good condition and safe for occupancy, which is a prerequisite for receiving the Section 8 subsidy.
Given the specific circumstances in ZIP 52652, landlords should be cautious about relying solely on the FMR of $960 as an indicator of profitability. The lack of detailed local market data suggests that additional due diligence is necessary to make informed decisions about entering the Section 8 program in this area.
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.