Fayette County, IA Fair Market Rent FY2027

Part of the Fayette County, IA non-metro FMR area. Fair Market Rents apply from October 1, 2026.

$698Efficiency +2.3%
$7191 bedroom −0.6%
$9402 bedrooms +2.3%
$1,2403 bedrooms +2.5%
$1,3064 bedrooms −9.2%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$698$682+2.3%
1 bedroom$719$723−0.6%
2 bedrooms$940$919+2.3%
3 bedrooms$1,240$1,210+2.5%
4 bedrooms$1,306$1,439−9.2%

FY2026 income limits

Median family income: $85,800

Household size12345678
Extremely low (30%)$19,800$22,600$27,320$33,000$38,680$44,360$50,040$55,720
Very low (50%)$32,950$37,650$42,350$47,050$50,850$54,600$58,350$62,150
Low income (80%)$52,750$60,250$67,800$75,300$81,350$87,350$93,400$99,400

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $3041983FY1985: $317FY1986: $333FY1987: $344FY1988: $354FY1989: $3631989FY1990: $373FY1991: $384FY1992: $396FY1993: $403FY1994: $3441994FY1995: $344FY1996: $388FY1997: $396FY1998: $403FY1999: $4091999FY2000: $411FY2001: $414FY2002: $430FY2003: $437FY2004: $4372004FY2005: $446FY2006: $498FY2007: $513FY2008: $527FY2009: $5402009FY2010: $547FY2011: $555FY2012: $534FY2013: $565FY2014: $5792014FY2015: $593FY2016: $619FY2017: $630FY2018: $650FY2019: $6642019FY2020: $687FY2021: $715FY2022: $739FY2023: $795FY2024: $8622024FY2025: $877FY2026: $919FY2027: $9402027

Questions and answers

What is the Fair Market Rent in Fayette County, IA for FY2027?

HUD set the FY2027 Fair Market Rents for Fayette County, IA at $698 for an efficiency, $719 for one bedroom, $940 for two bedrooms, $1,240 for three and $1,306 for four bedrooms.

How much did Fair Market Rent change in Fayette County, IA?

The two-bedroom FMR changed from $919 in FY2026 to $940 in FY2027 (+2.3%).

What are the HUD income limits for Fayette County, IA?

For FY2026 the median family income is $85,800. The low-income (80%) limit for a family of four is $75,300, very low income (50%) $47,050 and extremely low income $33,000.