FY2026 Fair Market Rents — Johnson County
Studio
$880
1BR
$961
2BR
$1,141
3BR
$1,587
4BR
$1,914
Johnson County, Iowa
FIPS 19103 · County-level FMR and income limit data
FMR Area: Iowa City, IA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $880 | $10,560 |
| 1-Bedroom | $961 | $11,532 |
| 2-Bedroom | $1,141 | $13,692 |
| 3-Bedroom | $1,587 | $19,044 |
| 4-Bedroom | $1,914 | $22,968 |
To afford the FY2026 2-bedroom FMR of $1,141/mo under the 30%-of-income rule, a household needs about
$45,640/yr ($3,803/mo). Area Median Income is $121,400.
At IA's federal minimum wage of $7.25/hr, a worker would need to work 122 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $880 | $961 | $1,141 | $1,587 | $1,914 |
| FY2025 | $816 | $921 | $1,105 | $1,548 | $1,856 |
| FY2024 | $783 | $902 | $1,082 | $1,525 | $1,836 |
| FY2023 | $810 | $922 | $1,127 | $1,602 | $1,920 |
| FY2022 | $757 | $848 | $1,063 | $1,510 | $1,819 |
| FY2021 | $735 | $803 | $1,036 | $1,483 | $1,794 |
| FY2020 | $705 | $774 | $1,011 | $1,458 | $1,775 |
FY2026 Income Limits
Area Median Income: $121,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $25,500 | $29,150 | $32,800 | $36,400 | $39,350 | $44,360 |
| 50% AMI | $42,500 | $48,600 | $54,650 | $60,700 | $65,600 | $70,450 |
| 80% AMI | $68,000 | $77,700 | $87,400 | $97,100 | $104,900 | $112,650 |