Compare Fair Market Rents — FY2026
| Bedroom | Waterloo-Cedar Falls, IA... | Boone County, IA HUD Met... |
|---|---|---|
| Studio | $725 | $783 |
| 1-Bedroom | $801 | $788 |
| 2-Bedroom | $1,051 | $1,026 |
| 3-Bedroom | $1,357 | $1,427 |
| 4-Bedroom | $1,763 | $1,500 |
Income Limits & Affordability
| Metric | Waterloo-Cedar Falls, IA... | Boone County, IA HUD Met... |
|---|---|---|
| Area Median Income (4p) | $91,000 | $112,300 |
| 50% AMI Limit (4p) | $47,050 | $56,150 |
| Income needed for 2BR FMR (30% rule) | $42,040 | $41,040 |