FMR is below market; voucher rent may lag private rents.
0.55
1 BR
1 BR- 51331
0.54ratio
FMR$820
Market$1,510
vs market-$690
FMR is below market; voucher rent may lag private rents.
0.54
2 BR
2 BR- 51331
0.66ratio
FMR$1,070
Market$1,630
vs market-$560
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR- 51331
0.77ratio
FMR$1,400
Market$1,830
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 51331
0.75ratio
FMR$1,410
Market$1,870
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.75
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
--
Arnolds Park, IA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Arnolds Park, IA is $1,070 a month. That is unchanged from FY 2026. Arnolds Park is in the Dickinson County, IA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,091. The median county two-bedroom FMR in Iowa is $927, so Arnolds Park is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Arnolds Park, IA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$810
0.0%
$729–$891
1BR
$810
$820
+1.2%
$738–$902
2BR
$1,070
$1,070
0.0%
$963–$1,177
3BR
$1,290
$1,400
+8.5%
$1,260–$1,540
4BR
$1,420
$1,410
−0.7%
$1,269–$1,551
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Arnolds Park, IA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$810
$820
$1,070
$1,400
$1,410
FY 2026
$810
$810
$1,070
$1,290
$1,420
FY 2025
$720
$720
$940
$1,140
$1,260
FY 2024area FMR
$789
$794
$1,043
$1,261
$1,389
FY 2023area FMR
$693
$721
$949
$1,160
$1,275
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Arnolds Park, IA rents
How much will Section 8 pay for a two-bedroom in Arnolds Park, IA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,091, which applies unless the housing authority uses Small Area FMRs, that basic range is $982 to $1,200 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 Arnolds Park, IA in?
Arnolds Park, IA is in the Dickinson County, IA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,091.
How much did fair market rent change in Arnolds Park, IA for FY 2027?
The two-bedroom FMR was unchanged at $1,070 in FY 2027. Since FY 2025 it has risen 13.8%.
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