Section 8 Fair Market Rent (FMR) for ZIP 52757 - 2027

Location: Clinton County, IA | Metro: Clinton County, IA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$650
1 Bedroom	$710
2 Bedrooms	$930
3 Bedrooms	$1,190
4 Bedrooms	$1,550
5 Bedrooms	$1,798
6 Bedrooms	$2,014
7 Bedrooms	$2,175
8 Bedrooms	$2,284

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

242

Median Household Income

$62,500

Housing Units

114

Renter Percentage

17.3%

Occupancy Rate

96.5%

Renter Occupied

ZIP code 52757, located in Iowa, is a modest suburban area that offers opportunities for both landlords and small-portfolio investors. The region is characterized by a blend of residential and commercial spaces, providing a stable environment for real estate investments.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $920, indicating a steady demand for affordable housing.
The market rent, as per the latest Census ACS data, stands at $850, showing a slight gap between the actual rental rates and the government's fair market assessment.
The median home value in the area is $151,240, making it accessible for first-time buyers and investors looking to enter the market with moderate capital.
Renters make up 17.3% of the population, suggesting a significant portion of residents are looking for rental properties rather than purchasing homes.
The median income in ZIP 52757 is $62,500, which aligns well with the rental prices, ensuring that tenants can afford the monthly payments.

Investors should note that while the Fair Market Rent is higher than the current market rent, the gap presents an opportunity for landlords to increase rents gradually without alienating tenants. The relatively low median home value and substantial renter share indicate a strong potential for rental property investments. With a median income that supports the rental market, landlords can expect stable cash flows from their investments in ZIP 52757. This analysis suggests that the area is ripe for investment, especially in rental properties, given the supportive economic conditions and the alignment between renters' affordability and rental prices.

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.