Iowa · FIPS 19019 · HUD FY 2027
Buchanan County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Buchanan County is $937 a month (rent plus utilities), 16% below the Iowa average of $1,113 and 47% below the U.S. average of $1,761. That is down $5 (0.5%) from FY 2026. At 30% of income, a household needs about $37,480 a year to afford it.
- $9372-bedroom FMR−$5 (−0.5%) vs FY 2026
- $7161-bedroom FMRIowa: $902 · U.S.: $1,478
- $37,480Income for a 2-bedroom$18/hour full-time
- 49 of 992BR rank in Iowa1 = highest rent
| Unit | Buchanan County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $712 | $713 | −$1 (−0.1%) | $846 | $1,379 | $28,480 |
| 1 bedroom | $716 | $718 | −$2 (−0.3%) | $902 | $1,478 | $28,640 |
| 2 bedrooms | $937 | $942 | −$5 (−0.5%) | $1,113 | $1,761 | $37,480 |
| 3 bedrooms | $1,297 | $1,281 | +$16 (+1.2%) | $1,475 | $2,266 | $51,880 |
| 4 bedrooms | $1,522 | $1,468 | +$54 (+3.7%) | $1,649 | $2,607 | $60,880 |
How Buchanan County compares
- Buchanan County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Iowa, 2-bedroom FMRs run from $927 (Worth County) to $1,450 (Harrison County).
- Studio to 4-bedroom: $712, $716, $937, $1,297, $1,522. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 10 ZIP codes mostly in Buchanan County (by land area), the 2-bedroom figure ranges from $930 to $1,120.
Small Area FMRs by ZIP code in Buchanan County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 50607 | $790 | $800 | $1,040 | $1,430 | $1,660 | +$40 (+4.0%) | 11% above |
| 50629 | $690 | $730 | $950 | $1,260 | $1,590 | +$30 (+3.3%) | 1% above |
| 50641 | $700 | $710 | $930 | $1,280 | $1,510 | +$10 (+1.1%) | 1% below |
| 50644 | $700 | $710 | $930 | $1,280 | $1,510 | +$10 (+1.1%) | 1% below |
| 50650 | $810 | $820 | $1,070 | $1,470 | $1,720 | +$80 (+8.1%) | 14% above |
| 50654 | $780 | $840 | $1,040 | $1,390 | $1,710 | +$30 (+3.0%) | 11% above |
| 50682 | $850 | $860 | $1,120 | $1,550 | $1,820 | +$40 (+3.7%) | 20% above |
| 52210 | $820 | $830 | $1,080 | $1,500 | $1,750 | no change | 15% above |
| 52326 | $700 | $710 | $930 | $1,280 | $1,510 | +$10 (+1.1%) | 1% below |
| 52329 | $740 | $750 | $980 | $1,350 | $1,590 | −$50 (−4.9%) | 5% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.