FY2026 Fair Market Rents — Ringgold County
Studio
$682
1BR
$748
2BR
$919
3BR
$1,125
4BR
$1,227
Ringgold County, Iowa
FIPS 19159 · County-level FMR and income limit data
FMR Area: Ringgold County, IA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $682 | $8,184 |
| 1-Bedroom | $748 | $8,976 |
| 2-Bedroom | $919 | $11,028 |
| 3-Bedroom | $1,125 | $13,500 |
| 4-Bedroom | $1,227 | $14,724 |
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 $95,500.
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 | $748 | $919 | $1,125 | $1,227 |
| FY2025 | $646 | $733 | $877 | $1,057 | $1,163 |
| FY2024 | $630 | $729 | $862 | $1,042 | $1,148 |
| FY2023 | $581 | $633 | $795 | $1,064 | $1,068 |
| FY2022 | $534 | $562 | $739 | $998 | $1,002 |
| FY2021 | $519 | $543 | $715 | $1,018 | $1,021 |
| FY2020 | $497 | $536 | $687 | $976 | $1,029 |
FY2026 Income Limits
Area Median Income: $95,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,100 | $22,950 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,450 | $38,200 | $43,000 | $47,750 | $51,600 | $55,400 |
| 80% AMI | $53,500 | $61,150 | $68,800 | $76,400 | $82,550 | $88,650 |