FY2026 Fair Market Rents — Marion County
Studio
$701
1BR
$808
2BR
$1,016
3BR
$1,218
4BR
$1,356
Marion County, Iowa
FIPS 19125 · County-level FMR and income limit data
FMR Area: Marion County, IA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $701 | $8,412 |
| 1-Bedroom | $808 | $9,696 |
| 2-Bedroom | $1,016 | $12,192 |
| 3-Bedroom | $1,218 | $14,616 |
| 4-Bedroom | $1,356 | $16,272 |
To afford the FY2026 2-bedroom FMR of $1,016/mo under the 30%-of-income rule, a household needs about
$40,640/yr ($3,387/mo). Area Median Income is $104,700.
At IA's federal minimum wage of $7.25/hr, a worker would need to work 108 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $701 | $808 | $1,016 | $1,218 | $1,356 |
| FY2025 | $669 | $769 | $976 | $1,176 | $1,294 |
| FY2024 | $638 | $737 | $941 | $1,138 | $1,253 |
| FY2023 | $571 | $665 | $854 | $1,039 | $1,147 |
| FY2022 | $555 | $647 | $835 | $1,032 | $1,161 |
| FY2021 | $531 | $627 | $805 | $1,001 | $1,117 |
| FY2020 | $566 | $569 | $734 | $915 | $1,027 |
FY2026 Income Limits
Area Median Income: $104,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,000 | $25,150 | $28,300 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,650 | $41,900 | $47,150 | $52,350 | $56,550 | $60,750 |
| 80% AMI | $58,650 | $67,000 | $75,400 | $83,750 | $90,450 | $97,150 |