FY2026 Fair Market Rents — Linn County
Studio
$738
1BR
$816
2BR
$1,071
3BR
$1,490
4BR
$1,797
Linn County, Iowa
FIPS 19113 · County-level FMR and income limit data
FMR Area: Cedar Rapids, IA HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $738 | $8,856 |
| 1-Bedroom | $816 | $9,792 |
| 2-Bedroom | $1,071 | $12,852 |
| 3-Bedroom | $1,490 | $17,880 |
| 4-Bedroom | $1,797 | $21,564 |
To afford the FY2026 2-bedroom FMR of $1,071/mo under the 30%-of-income rule, a household needs about
$42,840/yr ($3,570/mo). Area Median Income is $105,300.
At IA's federal minimum wage of $7.25/hr, a worker would need to work 114 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $738 | $816 | $1,071 | $1,490 | $1,797 |
| FY2025 | $681 | $757 | $993 | $1,391 | $1,668 |
| FY2024 | $638 | $716 | $941 | $1,326 | $1,597 |
| FY2023 | $615 | $699 | $920 | $1,307 | $1,567 |
| FY2022 | $541 | $619 | $814 | $1,156 | $1,358 |
| FY2021 | $524 | $602 | $794 | $1,134 | $1,272 |
| FY2020 | $506 | $590 | $777 | $1,104 | $1,221 |
FY2026 Income Limits
Area Median Income: $105,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,150 | $25,300 | $28,450 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,900 | $42,150 | $47,400 | $52,650 | $56,900 | $61,100 |
| 80% AMI | $59,000 | $67,400 | $75,850 | $84,250 | $91,000 | $97,750 |