What is the Fair Market Rent for a 2-bedroom in Iowa County, WI HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Iowa County, WI HUD Metro FMR Area is $1,168 per month for fiscal year 2026. The studio FMR is $884, 1-bedroom is $890, 3-bedroom is $1,535, and 4-bedroom is $1,959.

What income do you need to afford the FMR in Iowa County, WI HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $46,720 per year ($3,893 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,168 in Iowa County, WI HUD Metro FMR Area.

FY2026 Fair Market Rents — Iowa County, WI HUD Metro FMR Area

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

Studio

$884

1BR

$890

2BR

$1,168

3BR

$1,535

4BR

$1,959

Hours/week at min wage

124 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#396

of 661 U.S. metros (top 61% most expensive)

YoY change (2BR)

+13.3%

+$137 vs FY2025 · 5-yr +33.3%

Voucher payment standard

$1,051–$1,285

PHAs set HCV payment at 90–110% of the 2BR FMR

Iowa County, WI HUD Metro FMR Area

Metropolitan area · WI · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$884	$10,608
1-Bedroom	$890	$10,680
2-Bedroom	$1,168	$14,016
3-Bedroom	$1,535	$18,420
4-Bedroom	$1,959	$23,508

Recent 2-Bedroom FMR Trend

FY2020 $863 → FY2026 $1,168

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$884	$890	$1,168	$1,535	$1,959
FY2025	$707	$786	$1,031	$1,339	$1,495
FY2024	$669	$751	$987	$1,279	$1,371
FY2023	$730	$736	$969	$1,256	$1,377
FY2022	$663	$664	$874	$1,144	$1,376
FY2021	$655	$665	$876	$1,123	$1,400
FY2020	$637	$655	$863	$1,083	$1,424

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $110,900

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$23,300	$26,600	$29,950	$33,250	$38,680	$44,360
50% AMI (Very Low)	$38,850	$44,400	$49,950	$55,450	$59,900	$64,350
80% AMI (Low)	$62,100	$71,000	$79,850	$88,700	$95,800	$102,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,016/yr

FMR as % of Area Median Income

12.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$46,720/yr

$3,893/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	$970	$1,109	$1,247	$1,497	$1,608
60% AMI Maximum	$1,164	$1,330	$1,497	$1,796	$1,929

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	$884	$890	$1,168	$1,535	$1,802
Low HOME Rent	$971	$1,110	$1,248	$1,386	$1,497

Compare Iowa County, WI HUD Metro FMR Area With Other WI Metros

vs. Appleton, WI MSA vs. Columbia County, WI HUD Metro FMR Area vs. Eau Claire, WI MSA vs. Fond du Lac, WI MSA vs. Green Bay, WI HUD Metro FMR Area

Counties in This FMR Area

Iowa County