FY2026 Fair Market Rents — Buchanan County
Studio
$713
1BR
$718
2BR
$942
3BR
$1,281
4BR
$1,468
Buchanan County, Iowa
FIPS 19019 · County-level FMR and income limit data
FMR Area: Buchanan County, IA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $713 | $8,556 |
| 1-Bedroom | $718 | $8,616 |
| 2-Bedroom | $942 | $11,304 |
| 3-Bedroom | $1,281 | $15,372 |
| 4-Bedroom | $1,468 | $17,616 |
To afford the FY2026 2-bedroom FMR of $942/mo under the 30%-of-income rule, a household needs about
$37,680/yr ($3,140/mo). Area Median Income is $99,400.
At IA's federal minimum wage of $7.25/hr, a worker would need to work 100 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $713 | $718 | $942 | $1,281 | $1,468 |
| FY2025 | $697 | $702 | $921 | $1,218 | $1,250 |
| FY2024 | $699 | $700 | $920 | $1,153 | $1,225 |
| FY2023 | $643 | $647 | $852 | $1,058 | $1,145 |
| FY2022 | $564 | $606 | $798 | $987 | $1,082 |
| FY2021 | $510 | $585 | $741 | $968 | $1,005 |
| FY2020 | $479 | $541 | $696 | $939 | $943 |
FY2026 Income Limits
Area Median Income: $99,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,900 | $23,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,800 | $39,800 | $44,750 | $49,700 | $53,700 | $57,700 |
| 80% AMI | $55,650 | $63,600 | $71,550 | $79,500 | $85,900 | $92,250 |