FY2026 Fair Market Rents — Iowa County
Studio
$884
1BR
$890
2BR
$1,168
3BR
$1,535
4BR
$1,959
Iowa County, Wisconsin
FIPS 55049 · County-level FMR and income limit data
FMR Area: Iowa County, WI HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $884 | $10,608 |
| 1-Bedroom | $890 | $10,680 |
| 2-Bedroom | $1,168 | $14,016 |
| 3-Bedroom | $1,535 | $18,420 |
| 4-Bedroom | $1,959 | $23,508 |
To afford the FY2026 2-bedroom FMR of $1,168/mo under the 30%-of-income rule, a household needs about
$46,720/yr ($3,893/mo). Area Median Income is $110,900.
At WI's federal minimum wage of $7.25/hr, a worker would need to work 124 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $884 | $890 | $1,168 | $1,535 | $1,959 |
| FY2025 | $707 | $786 | $1,031 | $1,339 | $1,495 |
| FY2024 | $669 | $751 | $987 | $1,279 | $1,371 |
| FY2023 | $730 | $736 | $969 | $1,256 | $1,377 |
| FY2022 | $663 | $664 | $874 | $1,144 | $1,376 |
| FY2021 | $655 | $665 | $876 | $1,123 | $1,400 |
| FY2020 | $637 | $655 | $863 | $1,083 | $1,424 |
FY2026 Income Limits
Area Median Income: $110,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,300 | $26,600 | $29,950 | $33,250 | $38,680 | $44,360 |
| 50% AMI | $38,850 | $44,400 | $49,950 | $55,450 | $59,900 | $64,350 |
| 80% AMI | $62,100 | $71,000 | $79,850 | $88,700 | $95,800 | $102,900 |