FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 50003
1.01ratio
FMR$1,010
Market$1,000
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 50003
1.06ratio
FMR$1,200
Market$1,130
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 50003
1.13ratio
FMR$1,640
Market$1,450
vs market+$190
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 50003
0.98ratio
FMR$1,680
Market$1,710
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Adel, IA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Adel, IA is $1,200 a month. That is up 6.2% from $1,130 in FY 2026. Adel is in the Des Moines-West Des Moines, IA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Iowa is $927, so Adel is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Adel, IA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$910
$970
+6.6%
$873–$1,067
1BR
$950
$1,010
+6.3%
$909–$1,111
2BR
$1,130
$1,200
+6.2%
$1,080–$1,320
3BR
$1,540
$1,640
+6.5%
$1,476–$1,804
4BR
$1,580
$1,680
+6.3%
$1,512–$1,848
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Adel, IA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$970
$1,010
$1,200
$1,640
$1,680
FY 2026
$910
$950
$1,130
$1,540
$1,580
FY 2025
$790
$840
$1,010
$1,360
$1,360
FY 2024
$720
$810
$970
$1,330
$1,350
FY 2023
$660
$740
$890
$1,220
$1,240
Questions about Adel, IA rents
How much will Section 8 pay for a two-bedroom in Adel, IA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,200, that basic range is $1,080 to $1,320 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Adel, IA in?
Adel, IA is in the Des Moines-West Des Moines, IA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Adel, IA for FY 2027?
The two-bedroom FMR rose 6.2%, from $1,130 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 34.8%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set