Location: Des Moines County, IA | Metro: Des Moines 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 | $740 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $139,812 | 0.76% | D |
| 3BR | $1,390 | $178,310 | 0.78% | D |
| 4BR | $1,470 | $221,101 | 0.66% | D |
U.S. Census Bureau data (2024)
ZIP code 52655, located in West Burlington, IA within the Des Moines County, IA metro, presents an interesting profile when compared against typical ZIP codes in the county. The Fair Market Rent (FMR) for ZIP 52655 is set at $1,010 for fiscal year 2026, which is notably higher than the market rent figure of $862. This discrepancy suggests that landlords in 52655 might be able to charge slightly above market rates for Section 8 properties, making it a favorable location for those seeking to maximize rental income while still participating in government-assisted housing programs.
The median home value in 52655 stands at $167,390, which is lower than what might be expected in a typical Des Moines County ZIP code. This indicates that 52655 could be considered a value pocket within the broader metro area. Lower home values often mean lower acquisition costs for investors looking to purchase properties, thus potentially increasing their profit margins once rented out under the Section 8 program.
A key metric for investors is the percentage of renters, which in ZIP 52655 is 28.1%. This is a significant portion of the population, suggesting strong demand for rental properties. However, this figure alone does not necessarily indicate a sweet spot without considering other factors such as job availability, population growth, and the local economy. Despite this, the combination of a below-average home value and a relatively high renter share points towards a potential sweet spot for Section 8 investment in 52655.
To summarize, ZIP 52655 appears to be a value pocket within the Des Moines County metro, offering lower home values and a higher-than-average renter share. The higher FMR relative to market rent can provide a slight advantage to landlords. While the exact economic conditions and growth potential of West Burlington are not specified here, the given figures suggest a promising opportunity for small-portfolio investors interested in Section 8 properties.
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.