FY2026 Fair Market Rents — Des Moines-West Des Moines, IA MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,063
1BR
$1,109
2BR
$1,318
3BR
$1,794
4BR
$1,841
Hours/week at min wage
140 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+8.4%
+$102 vs FY2025 · 5-yr +46.1%
Voucher payment standard
$1,186–$1,450
PHAs set HCV payment at 90–110% of the 2BR FMR

Des Moines-West Des Moines, IA MSA

Non-Metropolitan area · IA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,063 $12,756
1-Bedroom $1,109 $13,308
2-Bedroom $1,318 $15,816
3-Bedroom $1,794 $21,528
4-Bedroom $1,841 $22,092

Recent 2-Bedroom FMR Trend

FY2020 $900 → FY2026 $1,318
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,063 $1,109 $1,318 $1,794 $1,841
FY2025 $954 $1,017 $1,216 $1,632 $1,638
FY2024 $833 $899 $1,080 $1,477 $1,481
FY2023 $791 $889 $1,074 $1,473 $1,499
FY2022 $658 $770 $935 $1,284 $1,357
FY2021 $608 $738 $902 $1,232 $1,313
FY2020 $603 $730 $900 $1,215 $1,323

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $116,400

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $24,450 $27,950 $31,450 $34,900 $38,680 $44,360
50% AMI (Very Low) $40,750 $46,600 $52,400 $58,200 $62,900 $67,550
80% AMI (Low) $65,200 $74,500 $83,800 $93,100 $100,550 $108,000

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$15,816/yr
FMR as % of Area Median Income
13.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$52,720/yr
$4,393/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 $1,018 $1,164 $1,309 $1,571 $1,687
60% AMI Maximum $1,222 $1,396 $1,571 $1,885 $2,025

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 $1,063 $1,109 $1,318 $1,794 $1,841
Low HOME Rent $1,018 $1,165 $1,310 $1,455 $1,572

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,318. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

50021 $1,680
50001 $1,640
50146 $1,640
50323 $1,620
50266 $1,590

Lowest-cost ZIPs (2BR SAFMR)

50025 $920
50076 $920
50128 $920
50129 $920
50213 $920
All 111 ZIP codes in this area
50001 50002 50003 50007 50009 50020 50021 50023 50025 50026 50029 50032 50033 50035 50038 50039 50046 50047 50048 50054 50058 50061 50063 50066 50069 50070 50072 50073 50076 50109 50111 50115 50118 50124 50125 50128 50129 50131 50139 50145 50146 50149 50151 50155 50156 50160 50161 50164 50166 50167 50168 50169 50174 50210 50211 50213 50216 50218 50220 50222 50225 50226 50228 50229 50233 50235 50237 50240 50241 50243 50244 50250 50252 50257 50261 50263 50265 50266 50273 50276 50277 50301 50302 50303 50304 50305 50309 50310 50311 50312 50313 50314 50315 50316 50317 50318 50319 50320 50321 50322 50323 50324 50325 50327 50363 50368 50380 50391 50395 50858 50947

Compare Des Moines-West Des Moines, IA MSA With Other IA Metros

vs. Ames, IA MSA vs. Benton County, IA HUD Metro FMR Area vs. Boone County, IA HUD Metro FMR Area vs. Bremer County, IA HUD Metro FMR Area vs. Cedar Rapids, IA HUD Metro FMR Area

Counties in This FMR Area

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