Iowa · FIPS 19051 · HUD FY 2027
Davis County, Iowa Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Davis County is $1,066 a month (rent plus utilities), 4% below the Iowa average of $1,113 and 39% below the U.S. average of $1,761. That is up $23 (2.2%) from FY 2026. At 30% of income, a household needs about $42,640 a year to afford it.
- $1,0662-bedroom FMR+$23 (+2.2%) vs FY 2026
- $8151-bedroom FMRIowa: $902 · U.S.: $1,478
- $42,640Income for a 2-bedroom$20/hour full-time
- 19 of 992BR rank in Iowa1 = highest rent
| Unit | Davis County FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $792 | $774 | +$18 (+2.3%) | $846 | $1,379 | $31,680 |
| 1 bedroom | $815 | $795 | +$20 (+2.5%) | $902 | $1,478 | $32,600 |
| 2 bedrooms | $1,066 | $1,043 | +$23 (+2.2%) | $1,113 | $1,761 | $42,640 |
| 3 bedrooms | $1,270 | $1,251 | +$19 (+1.5%) | $1,475 | $2,266 | $50,800 |
| 4 bedrooms | $1,439 | $1,392 | +$47 (+3.4%) | $1,649 | $2,607 | $57,560 |
How Davis County compares
- Davis 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: $792, $815, $1,066, $1,270, $1,439. 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 Davis County (by land area), the 2-bedroom figure ranges from $970 to $1,100.
Small Area FMRs by ZIP code in Davis County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 52537 | $820 | $840 | $1,100 | $1,310 | $1,480 | +$40 (+3.8%) | 3% above |
| 52552 | $740 | $760 | $1,000 | $1,220 | $1,350 | +$30 (+3.1%) | 6% below |
| 52560 | $780 | $800 | $1,050 | $1,280 | $1,410 | +$30 (+2.9%) | 2% below |
| 52584 | $720 | $740 | $970 | $1,160 | $1,310 | −$40 (−4.0%) | 9% below |
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.