Jones County, IA: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$9272-bedroom FMR, FY2027

$7341-bedroom FMR, FY2027

$78,15080% income limit, family of 4 (FY2026)

$97,700Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Jones County is $927 a month, up 0.9% from $919 in FY2026. Jones County belongs to the Jones County, IA HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Jones County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$646	$634	+1.9%	$582 – $710
1 bedroom	$734	$711	+3.2%	$661 – $807
2 bedrooms	$927	$919	+0.9%	$835 – $1,019
3 bedrooms	$1,214	$1,212	+0.2%	$1,093 – $1,335
4 bedrooms	$1,218	$1,217	+0.1%	$1,097 – $1,339

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Jones County that is typically $835 to $1,019 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$37,244median income of renter households

$784Median gross rent, all units

25%Rent-to-income ratio (median rent ÷ median renter income)

35%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $37,244 can afford about $931 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $927 is $4 (0.4%) less than that. To rent a two-bedroom at the FMR, a household needs $37,080 a year under the 30% rule, or $33,372 under the common landlord rule that income must be three times the rent.

Jones County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$784 ±$37
Median income of renter households	$37,244 ±$6,817
Renters paying 30% or more of income (cost-burdened)	35.4% ±9.7
Renters paying 50% or more (severely cost-burdened)	19.4% ±9.0
Renter households (where the share can be computed)	1,360

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$641	$784	+22.3%
Median renter household income	$32,917	$37,244	+13.1%
Renters paying 30%+ of income	38.7%	35.4%	−3.3 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $930 to $1,230 depending on the ZIP code.

All 19 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
52032	$740	$820	$1,050	$1,400	$1,630
52033	$730	$830	$1,050	$1,400	$1,630
52205	$780	$890	$1,130	$1,480	$1,620
52212	$690	$780	$990	$1,290	$1,300
52216	$710	$740	$960	$1,260	$1,260
52218	$670	$760	$970	$1,350	$1,620
52237	$700	$760	$970	$1,310	$1,630
52252	$660	$740	$940	$1,230	$1,240
52253	$800	$870	$1,030	$1,430	$1,730
52305	$670	$740	$970	$1,350	$1,620
52306	$900	$950	$1,230	$1,610	$1,620
52309	$690	$780	$990	$1,300	$1,380
52310	$670	$760	$970	$1,350	$1,620
52312	$780	$890	$1,130	$1,480	$1,500
52320	$750	$850	$1,080	$1,410	$1,420
52321	$680	$770	$970	$1,270	$1,270
52323	$650	$730	$930	$1,210	$1,360
52336	$810	$890	$1,160	$1,610	$1,940
52362	$670	$760	$960	$1,260	$1,260

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Jones County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $97,700 (FY2025: $101,300, −3.6%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$20,550 −3.5%	$23,450 −3.7%	$27,320 −0.3%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$34,200 −3.7%	$39,100 −3.6%	$44,000 −3.5%	$48,850 −3.6%	$52,800 −3.6%	$56,700 −3.6%	$60,600 −3.6%	$64,500 −3.6%
Low income (80%)	$54,750 −3.5%	$62,550 −3.5%	$70,350 −3.6%	$78,150 −3.6%	$84,450 −3.5%	$90,700 −3.6%	$96,950 −3.6%	$103,200 −3.6%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.