Lee County, IA Fair Market Rent FY2027

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

$680Efficiency +2.6%
$7461 bedroom +1.8%
$9762 bedrooms +1.5%
$1,2953 bedrooms +2.0%
$1,4484 bedrooms +8.9%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$680$663+2.6%
1 bedroom$746$733+1.8%
2 bedrooms$976$962+1.5%
3 bedrooms$1,295$1,270+2.0%
4 bedrooms$1,448$1,330+8.9%

FY2026 income limits

Median family income: $84,700

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: $2821983FY1985: $295FY1986: $350FY1987: $361FY1988: $371FY1989: $3801989FY1990: $391FY1991: $403FY1992: $416FY1993: $423FY1994: $4001994FY1995: $396FY1996: $400FY1997: $408FY1998: $416FY1999: $4221999FY2000: $424FY2001: $427FY2002: $444FY2003: $451FY2004: $4512004FY2005: $473FY2006: $498FY2007: $513FY2008: $527FY2009: $5402009FY2010: $547FY2011: $555FY2012: $553FY2013: $581FY2014: $5892014FY2015: $602FY2016: $637FY2017: $632FY2018: $650FY2019: $6792019FY2020: $690FY2021: $718FY2022: $751FY2023: $828FY2024: $8822024FY2025: $921FY2026: $962FY2027: $9762027

Questions and answers

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

HUD set the FY2027 Fair Market Rents for Lee County, IA at $680 for an efficiency, $746 for one bedroom, $976 for two bedrooms, $1,295 for three and $1,448 for four bedrooms.

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

The two-bedroom FMR changed from $962 in FY2026 to $976 in FY2027 (+1.5%).

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

For FY2026 the median family income is $84,700. 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.