ZIP 50313 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 50313 in the Des Moines-West Des Moines, IA FMR area.

$1,050Efficiency
$1,0901 bedroom
$1,2902 bedrooms
$1,7603 bedrooms
$1,8004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,050$945$1,155$1,102
1 bedroom$1,090$981$1,199$1,145
2 bedrooms$1,290$1,161$1,419$1,360
3 bedrooms$1,760$1,584$1,936$1,856
4 bedrooms$1,800$1,620$1,980$1,901

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

Income in ZIP 50313

$60,150average adjusted gross income per tax return (2022)
$43,517average salaries and wages per return
7,880tax returns filed
26%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.6%
$25,000 to $50,00031.3%
$50,000 to $75,00019.8%
$75,000 to $100,0009.9%
$100,000 to $200,00010.7%
$200,000 or more1.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 50313?

HUD's FY2027 Small Area FMRs for ZIP 50313 (Des Moines-West Des Moines, IA) are $1,050 efficiency, $1,090 one bedroom, $1,290 two bedrooms, $1,760 three and $1,800 four bedrooms.

What payment standard can a housing authority set in ZIP 50313?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,161 to $1,419.

How affordable is rent in ZIP 50313?

Tax returns filed from ZIP 50313 reported an average adjusted gross income of $60,150 (2022). A two-bedroom unit at the Small Area FMR costs $15,480 a year, or 26% of that income.