FY2026 Fair Market Rents — Davis County
Studio
$774
1BR
$795
2BR
$1,043
3BR
$1,251
4BR
$1,392
Davis County, Iowa
FIPS 19051 · County-level FMR and income limit data
FMR Area: Davis County, IA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $774 | $9,288 |
| 1-Bedroom | $795 | $9,540 |
| 2-Bedroom | $1,043 | $12,516 |
| 3-Bedroom | $1,251 | $15,012 |
| 4-Bedroom | $1,392 | $16,704 |
To afford the FY2026 2-bedroom FMR of $1,043/mo under the 30%-of-income rule, a household needs about
$41,720/yr ($3,477/mo). Area Median Income is $98,900.
At IA's federal minimum wage of $7.25/hr, a worker would need to work 111 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $774 | $795 | $1,043 | $1,251 | $1,392 |
| FY2025 | $716 | $740 | $971 | $1,170 | $1,287 |
| FY2024 | $634 | $699 | $868 | $1,050 | $1,156 |
| FY2023 | $581 | $691 | $795 | $994 | $1,069 |
| FY2022 | $534 | $649 | $739 | $964 | $1,007 |
| FY2021 | $519 | $606 | $715 | $934 | $972 |
| FY2020 | $503 | $550 | $695 | $911 | $945 |
FY2026 Income Limits
Area Median Income: $98,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,800 | $23,750 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,650 | $39,600 | $44,550 | $49,450 | $53,450 | $57,400 |
| 80% AMI | $55,400 | $63,300 | $71,200 | $79,100 | $85,450 | $91,800 |