FY2026 Fair Market Rents — Floyd County
Studio
$682
1BR
$700
2BR
$919
3BR
$1,192
4BR
$1,217
Floyd County, Iowa
FIPS 19067 · County-level FMR and income limit data
FMR Area: Floyd County, IA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $682 | $8,184 |
| 1-Bedroom | $700 | $8,400 |
| 2-Bedroom | $919 | $11,028 |
| 3-Bedroom | $1,192 | $14,304 |
| 4-Bedroom | $1,217 | $14,604 |
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 $96,100.
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 | $700 | $919 | $1,192 | $1,217 |
| FY2025 | $664 | $668 | $877 | $1,150 | $1,163 |
| FY2024 | $658 | $663 | $862 | $1,144 | $1,148 |
| FY2023 | $625 | $629 | $795 | $1,064 | $1,068 |
| FY2022 | $586 | $590 | $739 | $1,033 | $1,037 |
| FY2021 | $519 | $564 | $715 | $1,008 | $1,068 |
| FY2020 | $497 | $547 | $687 | $957 | $994 |
FY2026 Income Limits
Area Median Income: $96,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,200 | $23,100 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,650 | $38,450 | $43,250 | $48,050 | $51,900 | $55,750 |
| 80% AMI | $53,850 | $61,550 | $69,250 | $76,900 | $83,100 | $89,250 |