FMR is below market; voucher rent may lag private rents.
0.74
1 BR
1 BR- 50035
0.83ratio
FMR$1,180
Market$1,420
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 50035
0.81ratio
FMR$1,400
Market$1,730
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 50035
1.04ratio
FMR$1,910
Market$1,840
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR- 50035
0.86ratio
FMR$1,960
Market$2,270
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.86
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
--
Bondurant, IA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bondurant, IA is $1,400 a month. That is up 4.5% from $1,340 in FY 2026. Bondurant 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 Bondurant is 51% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bondurant, IA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,130
+4.6%
$1,017–$1,243
1BR
$1,130
$1,180
+4.4%
$1,062–$1,298
2BR
$1,340
$1,400
+4.5%
$1,260–$1,540
3BR
$1,820
$1,910
+4.9%
$1,719–$2,101
4BR
$1,870
$1,960
+4.8%
$1,764–$2,156
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bondurant, IA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,180
$1,400
$1,910
$1,960
FY 2026
$1,080
$1,130
$1,340
$1,820
$1,870
FY 2025
$1,000
$1,060
$1,270
$1,700
$1,710
FY 2024
$900
$970
$1,170
$1,600
$1,600
FY 2023
$880
$990
$1,200
$1,650
$1,680
Questions about Bondurant, IA rents
How much will Section 8 pay for a two-bedroom in Bondurant, IA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,400, that basic range is $1,260 to $1,540 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 Bondurant, IA in?
Bondurant, 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 Bondurant, IA for FY 2027?
The two-bedroom FMR rose 4.5%, from $1,340 in FY 2026 to $1,400 in FY 2027. Since FY 2023 it has risen 16.7%.
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