ZIP 50226 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 50226 in the Ames, IA FMR area.

Ames, IA

$750Efficiency

$7901 bedroom

$9302 bedrooms

$1,2703 bedrooms

$1,3004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$891
1 bedroom	$790	$711	$869	$944
2 bedrooms	$930	$837	$1,023	$1,061
3 bedrooms	$1,270	$1,143	$1,397	$1,469
4 bedrooms	$1,300	$1,170	$1,430	$1,768

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

Des Moines-West Des Moines, IA

$750Efficiency

$7901 bedroom

$9302 bedrooms

$1,2703 bedrooms

$1,3004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$1,102
1 bedroom	$790	$711	$869	$1,145
2 bedrooms	$930	$837	$1,023	$1,360
3 bedrooms	$1,270	$1,143	$1,397	$1,856
4 bedrooms	$1,300	$1,170	$1,430	$1,901

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

Income in ZIP 50226

$134,267average adjusted gross income per tax return (2022)

$95,116average salaries and wages per return

3,350tax returns filed

8%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	17.6%
$25,000 to $50,000	11.9%
$50,000 to $75,000	11.6%
$75,000 to $100,000	9.3%
$100,000 to $200,000	31.9%
$200,000 or more	17.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 3.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 50226?

HUD's FY2027 Small Area FMRs for ZIP 50226 (Ames, IA) are $750 efficiency, $790 one bedroom, $930 two bedrooms, $1,270 three and $1,300 four bedrooms.

What payment standard can a housing authority set in ZIP 50226?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $837 to $1,023.

How affordable is rent in ZIP 50226?

Tax returns filed from ZIP 50226 reported an average adjusted gross income of $134,267 (2022). A two-bedroom unit at the Small Area FMR costs $11,160 a year, or 8% of that income.