Location: Clinton County, IA | Metro: Clinton 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 | $730 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,050 | $180,988 | 0.58% | F |
| 3BR | $1,350 | $261,469 | 0.52% | F |
| 4BR | $1,760 | $290,860 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 52751, located in Calamus, IA, has a population of 976 residents, with 17.1% being renters. This indicates that the area is primarily homeowner-dominated rather than renter-heavy. The median household income stands at $82,143, which provides a baseline for understanding the economic landscape.
In terms of rental costs, the market rent is $980 per month. This represents approximately 14.8% of the median household income when calculated on an annual basis. The Fair Market Rent (FMR), which is set at $1,060 for FY 2026 in the metro area, suggests that the market rent in Calamus is slightly below the regional average.
The percentage of renters in Calamus is relatively low compared to areas with higher concentrations of renters. Therefore, the demand for housing vouchers is likely to be lower as well. Landlords in this area should anticipate a tenant pool that predominantly consists of individuals who can afford market rents without relying heavily on government assistance.
Given the median income and the market rent, tenants in this area will have disposable income after paying rent, indicating a stable financial situation. They are likely to prioritize quality living conditions and may be willing to pay premiums for amenities such as modern appliances, high-speed internet, and well-maintained properties.
To conclude, landlords in ZIP 52751 should expect tenants who are financially capable of meeting market rents, with a preference for comfortable and well-equipped homes. While there is some presence of Section 8 tenants, the overall demand is not as significant due to the higher median income and lower percentage of renters in the area.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.