FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR- 50007
0.89ratio
FMR$1,020
Market$1,140
vs market-$120
FMR is below market; voucher rent may lag private rents.
0.89
2 BR
2 BR- 50007
0.67ratio
FMR$1,180
Market$1,760
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.67
3 BR
3 BR- 50007
0.79ratio
FMR$1,620
Market$2,050
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.79
4 BR
4 BR- 50007
0.71ratio
FMR$1,830
Market$2,560
vs market-$730
FMR is below market; voucher rent may lag private rents.
0.71
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
--
Alleman, IA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Alleman, IA is $1,180 a month. That is down 4.8% from $1,240 in FY 2026. Alleman 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 Alleman is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Alleman, IA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,020
$980
−3.9%
$882–$1,078
1BR
$1,070
$1,020
−4.7%
$918–$1,122
2BR
$1,240
$1,180
−4.8%
$1,062–$1,298
3BR
$1,700
$1,620
−4.7%
$1,458–$1,782
4BR
$1,890
$1,830
−3.2%
$1,647–$2,013
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Alleman, IA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$1,020
$1,180
$1,620
$1,830
FY 2026
$1,020
$1,070
$1,240
$1,700
$1,890
FY 2025
$900
$970
$1,110
$1,520
$1,680
FY 2024
$830
$900
$1,050
$1,460
$1,590
FY 2023
$790
$870
$1,030
$1,430
$1,560
Questions about Alleman, IA rents
How much will Section 8 pay for a two-bedroom in Alleman, IA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,180, that basic range is $1,062 to $1,298 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 Alleman, IA in?
Alleman, 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 Alleman, IA for FY 2027?
The two-bedroom FMR fell 4.8%, from $1,240 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 14.6%.
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