CLEAR LAKE, IA
CitySAFMR
Cerro Gordo County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$720$720
1 BR$730$730
2 BR$920$920
3 BR$1,190$1,190
4 BR$1,400$1,400
5 BR$1,610
6 BR$1,851
7 BR$2,129
8 BR$2,449

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 50428
0.73ratio
FMR$720
Market$990
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.73
1 BR
1 BR· 50428
0.72ratio
FMR$730
Market$1,020
vs market-$290

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.72
2 BR
2 BR· 50428
0.85ratio
FMR$920
Market$1,080
vs market-$160

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.85
3 BR
3 BR· 50428
0.72ratio
FMR$1,190
Market$1,650
vs market-$460

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.72
4 BR
4 BR· 50428
0.77ratio
FMR$1,400
Market$1,810
vs market-$410

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.77
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$74,795
Rent
$920
Down payment
$14,959
Loan
$59,836
Mortgage
$378
Expenses
$342
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for CLEAR LAKE, IA (IA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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