Iowa · FIPS 19039 · HUD FY 2027
Clarke County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Clarke County is $946 a month (rent plus utilities), 15% below the Iowa average of $1,113 and 46% below the U.S. average of $1,761. That is up $27 (2.9%) from FY 2026. At 30% of income, a household needs about $37,840 a year to afford it.
- $9462-bedroom FMR+$27 (+2.9%) vs FY 2026
- $7811-bedroom FMRIowa: $902 · U.S.: $1,478
- $37,840Income for a 2-bedroom$18/hour full-time
- 41 of 992BR rank in Iowa1 = highest rent
| Unit | Clarke County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $659 | $682 | −$23 (−3.4%) | $846 | $1,379 | $26,360 |
| 1 bedroom | $781 | $803 | −$22 (−2.7%) | $902 | $1,478 | $31,240 |
| 2 bedrooms | $946 | $919 | +$27 (+2.9%) | $1,113 | $1,761 | $37,840 |
| 3 bedrooms | $1,272 | $1,222 | +$50 (+4.1%) | $1,475 | $2,266 | $50,880 |
| 4 bedrooms | $1,277 | $1,227 | +$50 (+4.1%) | $1,649 | $2,607 | $51,080 |
How Clarke County compares
- Clarke 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: $659, $781, $946, $1,272, $1,277. 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 4 ZIP codes mostly in Clarke County (by land area), the 2-bedroom figure ranges from $950 to $1,160.
Small Area FMRs by ZIP code in Clarke County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 50174 | $660 | $780 | $950 | $1,280 | $1,280 | −$20 (−2.1%) | about the same as |
| 50213 | $660 | $780 | $950 | $1,280 | $1,280 | +$30 (+3.3%) | about the same as |
| 50264 | $670 | $760 | $950 | $1,230 | $1,390 | no change | about the same as |
| 50275 | $850 | $920 | $1,160 | $1,560 | $1,570 | +$10 (+0.9%) | 23% 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.