ZIP 52253 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 52253 in the Cedar Rapids, IA FMR area.

Cedar Rapids, IA

$800Efficiency

$8701 bedroom

$1,0302 bedrooms

$1,4303 bedrooms

$1,7304 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$734
1 bedroom	$870	$783	$957	$806
2 bedrooms	$1,030	$927	$1,133	$1,054
3 bedrooms	$1,430	$1,287	$1,573	$1,459
4 bedrooms	$1,730	$1,557	$1,903	$1,762

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

Jones County, IA

$800Efficiency

$8701 bedroom

$1,0302 bedrooms

$1,4303 bedrooms

$1,7304 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$646
1 bedroom	$870	$783	$957	$734
2 bedrooms	$1,030	$927	$1,133	$927
3 bedrooms	$1,430	$1,287	$1,573	$1,214
4 bedrooms	$1,730	$1,557	$1,903	$1,218

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

Iowa City, IA

$800Efficiency

$8701 bedroom

$1,0302 bedrooms

$1,4303 bedrooms

$1,7304 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$942
1 bedroom	$870	$783	$957	$1,002
2 bedrooms	$1,030	$927	$1,133	$1,180
3 bedrooms	$1,430	$1,287	$1,573	$1,634
4 bedrooms	$1,730	$1,557	$1,903	$1,972

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

Cedar County, IA

$800Efficiency

$8701 bedroom

$1,0302 bedrooms

$1,4303 bedrooms

$1,7304 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$720
1 bedroom	$870	$783	$957	$741
2 bedrooms	$1,030	$927	$1,133	$969
3 bedrooms	$1,430	$1,287	$1,573	$1,269
4 bedrooms	$1,730	$1,557	$1,903	$1,274

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

Income in ZIP 52253

$88,684average adjusted gross income per tax return (2022)

$64,065average salaries and wages per return

1,500tax returns filed

14%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	20.0%
$25,000 to $50,000	20.7%
$50,000 to $75,000	16.0%
$75,000 to $100,000	10.7%
$100,000 to $200,000	27.3%
$200,000 or more	5.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 52253?

HUD's FY2027 Small Area FMRs for ZIP 52253 (Cedar Rapids, IA) are $800 efficiency, $870 one bedroom, $1,030 two bedrooms, $1,430 three and $1,730 four bedrooms.

What payment standard can a housing authority set in ZIP 52253?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $927 to $1,133.

How affordable is rent in ZIP 52253?

Tax returns filed from ZIP 52253 reported an average adjusted gross income of $88,684 (2022). A two-bedroom unit at the Small Area FMR costs $12,360 a year, or 14% of that income.