FY2026 Fair Market Rents — Clarke County

Studio
$682
1BR
$803
2BR
$919
3BR
$1,222
4BR
$1,227

Clarke County, Iowa

FIPS 19039 · County-level FMR and income limit data

FMR Area: Clarke County, IA

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $682 $8,184
1-Bedroom $803 $9,636
2-Bedroom $919 $11,028
3-Bedroom $1,222 $14,664
4-Bedroom $1,227 $14,724
To afford the FY2026 2-bedroom FMR of $919/mo under the 30%-of-income rule, a household needs about $36,760/yr ($3,063/mo). Area Median Income is $88,700.
At IA's federal minimum wage of $7.25/hr, a worker would need to work 98 hours/week to afford that rent.

Recent FMR Trend

Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $682 $803 $919 $1,222 $1,227
FY2025 $646 $728 $877 $1,158 $1,163
FY2024 $630 $656 $862 $1,144 $1,148
FY2023 $636 $661 $870 $1,113 $1,169
FY2022 $614 $645 $849 $1,049 $1,157
FY2021 $569 $595 $784 $997 $1,075
FY2020 $548 $575 $757 $961 $1,025

Full FMR history →

FY2026 Income Limits

Area Median Income: $88,700

Income Level 1p 2p 3p 4p 5p 6p
30% AMI $19,800 $22,600 $27,320 $33,000 $38,680 $44,360
50% AMI $32,950 $37,650 $42,350 $47,050 $50,850 $54,600
80% AMI $52,750 $60,250 $67,800 $75,300 $81,350 $87,350

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