ZIP 50174 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 50174 in the Des Moines-West Des Moines, IA FMR area.

Des Moines-West Des Moines, IA

$660Efficiency
$7801 bedroom
$9502 bedrooms
$1,2803 bedrooms
$1,2804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$660$594$726$1,102
1 bedroom$780$702$858$1,145
2 bedrooms$950$855$1,045$1,360
3 bedrooms$1,280$1,152$1,408$1,856
4 bedrooms$1,280$1,152$1,408$1,901

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Clarke County, IA

$660Efficiency
$7801 bedroom
$9502 bedrooms
$1,2803 bedrooms
$1,2804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$660$594$726$659
1 bedroom$780$702$858$781
2 bedrooms$950$855$1,045$946
3 bedrooms$1,280$1,152$1,408$1,272
4 bedrooms$1,280$1,152$1,408$1,277

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Union County, IA

$660Efficiency
$7801 bedroom
$9502 bedrooms
$1,2803 bedrooms
$1,2804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$660$594$726$646
1 bedroom$780$702$858$709
2 bedrooms$950$855$1,045$927
3 bedrooms$1,280$1,152$1,408$1,210
4 bedrooms$1,280$1,152$1,408$1,218

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 50174

$60,204average adjusted gross income per tax return (2022)
$43,761average salaries and wages per return
540tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00027.8%
$25,000 to $50,00024.1%
$50,000 to $75,00018.5%
$75,000 to $100,00011.1%
$100,000 to $200,00018.5%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 50174?

HUD's FY2027 Small Area FMRs for ZIP 50174 (Des Moines-West Des Moines, IA) are $660 efficiency, $780 one bedroom, $950 two bedrooms, $1,280 three and $1,280 four bedrooms.

What payment standard can a housing authority set in ZIP 50174?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $855 to $1,045.

How affordable is rent in ZIP 50174?

Tax returns filed from ZIP 50174 reported an average adjusted gross income of $60,204 (2022). A two-bedroom unit at the Small Area FMR costs $11,400 a year, or 19% of that income.