Mitchell County, IA Fair Market Rent FY2027

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

$688Efficiency +0.9%
$8011 bedroom +3.5%
$9272 bedrooms +0.9%
$1,1903 bedrooms +2.9%
$1,2184 bedrooms −0.7%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$688$682+0.9%
1 bedroom$801$774+3.5%
2 bedrooms$927$919+0.9%
3 bedrooms$1,190$1,156+2.9%
4 bedrooms$1,218$1,227−0.7%

FY2026 income limits

Median family income: $96,800

Household size12345678
Extremely low (30%)$20,350$23,250$27,320$33,000$38,680$44,360$50,040$55,720
Very low (50%)$33,900$38,750$43,600$48,400$52,300$56,150$60,050$63,900
Low income (80%)$54,250$62,000$69,750$77,450$83,650$89,850$96,050$102,250

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

Two-bedroom FMR since 1983

FY1983: $3041983FY1985: $317FY1986: $330FY1987: $341FY1988: $351FY1989: $3601989FY1990: $370FY1991: $381FY1992: $393FY1993: $400FY1994: $3251994FY1995: $344FY1996: $388FY1997: $396FY1998: $403FY1999: $4091999FY2000: $411FY2001: $414FY2002: $430FY2003: $437FY2004: $4372004FY2005: $453FY2006: $498FY2007: $513FY2008: $527FY2009: $5402009FY2010: $547FY2011: $555FY2012: $534FY2013: $565FY2014: $5792014FY2015: $593FY2016: $619FY2017: $645FY2018: $650FY2019: $6642019FY2020: $687FY2021: $715FY2022: $739FY2023: $795FY2024: $8622024FY2025: $877FY2026: $919FY2027: $9272027

Questions and answers

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

HUD set the FY2027 Fair Market Rents for Mitchell County, IA at $688 for an efficiency, $801 for one bedroom, $927 for two bedrooms, $1,190 for three and $1,218 for four bedrooms.

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

The two-bedroom FMR changed from $919 in FY2026 to $927 in FY2027 (+0.9%).

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

For FY2026 the median family income is $96,800. The low-income (80%) limit for a family of four is $77,450, very low income (50%) $48,400 and extremely low income $33,000.