FY2026 Fair Market Rents — Chickasaw County, IA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$682
1BR
$778
2BR
$919
3BR
$1,278
4BR
$1,293
Hours/week at min wage
98 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+4.8%
+$42 vs FY2025 · 5-yr +28.5%
Voucher payment standard
$827–$1,011
PHAs set HCV payment at 90–110% of the 2BR FMR
Chickasaw County, IA
Non-Metropolitan area · IA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $682 | $8,184 |
| 1-Bedroom | $778 | $9,336 |
| 2-Bedroom | $919 | $11,028 |
| 3-Bedroom | $1,278 | $15,336 |
| 4-Bedroom | $1,293 | $15,516 |
Recent 2-Bedroom FMR Trend
FY2020 $687 → FY2026 $919
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $682 | $778 | $919 | $1,278 | $1,293 |
| FY2025 | $665 | $722 | $877 | $1,229 | $1,329 |
| FY2024 | $667 | $687 | $862 | $1,215 | $1,355 |
| FY2023 | $624 | $627 | $795 | $1,130 | $1,240 |
| FY2022 | $603 | $607 | $739 | $1,050 | $1,171 |
| FY2021 | $519 | $596 | $715 | $1,023 | $1,167 |
| FY2020 | $497 | $591 | $687 | $991 | $1,111 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $97,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,550 | $23,450 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,200 | $39,100 | $44,000 | $48,850 | $52,800 | $56,700 |
| 80% AMI (Low) | $54,750 | $62,550 | $70,350 | $78,150 | $84,450 | $90,700 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,028/yr
FMR as % of Area Median Income
11.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$36,760/yr
$3,063/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $854 | $977 | $1,099 | $1,318 | $1,416 |
| 60% AMI Maximum | $1,025 | $1,172 | $1,318 | $1,582 | $1,699 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $682 | $778 | $919 | $1,278 | $1,293 |
| Low HOME Rent | $855 | $977 | $1,100 | $1,221 | $1,320 |
Compare Chickasaw County, IA With Other IA Metros
vs. Ames, IA MSA
vs. Benton County, IA HUD Metro FMR Area
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vs. Bremer County, IA HUD Metro FMR Area
vs. Cedar Rapids, IA HUD Metro FMR Area