Compare Fair Market Rents — FY2026
| Bedroom | Ames, IA MSA | Cedar Rapids, IA HUD Met... |
|---|---|---|
| Studio | $972 | $738 |
| 1-Bedroom | $1,026 | $816 |
| 2-Bedroom | $1,153 | $1,071 |
| 3-Bedroom | $1,601 | $1,490 |
| 4-Bedroom | $1,934 | $1,797 |
Income Limits & Affordability
| Metric | Ames, IA MSA | Cedar Rapids, IA HUD Met... |
|---|---|---|
| Area Median Income (4p) | $122,400 | $105,300 |
| 50% AMI Limit (4p) | $61,200 | $52,650 |
| Income needed for 2BR FMR (30% rule) | $46,120 | $42,840 |