CUMMING, IA
CitySAFMR
Warren County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,040$1,140
1 BR$1,080$1,190
2 BR$1,280$1,410
3 BR$1,750$1,930
4 BR$1,800$1,980
5 BR$2,070
6 BR$2,380
7 BR$2,738
8 BR$3,148

Purchase Price Calculator

Maximum purchase price
$147,609

Cost breakdown

+Likely effective rent$1,410
HUD FMR$1,280
Market rent$1,800
Est. payment standard (110%)Used$1,410
Estimated payment standard is $1,410 (110% of FMR).
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Current value$147,609
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Current value$147,609
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Current value$147,609
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 50061
0.62ratio
FMR$1,040
Market$1,690
vs market-$650

FMR is below market; voucher rent may lag private rents.

90% standard$936 / 0.55 ratio110% standard$1,144 / 0.68 ratio
0.62
1 BR
1 BR- 50061
0.71ratio
FMR$1,080
Market$1,520
vs market-$440

FMR is below market; voucher rent may lag private rents.

90% standard$972 / 0.64 ratio110% standard$1,188 / 0.78 ratio
0.71
2 BR
2 BR- 50061
0.71ratio
FMR$1,280
Market$1,800
vs market-$520

FMR is below market; voucher rent may lag private rents.

90% standard$1,152 / 0.64 ratio110% standard$1,408 / 0.78 ratio
0.71
3 BR
3 BR- 50061
0.83ratio
FMR$1,750
Market$2,120
vs market-$370

FMR is below market; voucher rent may lag private rents.

90% standard$1,575 / 0.74 ratio110% standard$1,925 / 0.91 ratio
0.83
4 BR
4 BR- 50061
0.78ratio
FMR$1,800
Market$2,300
vs market-$500

FMR is below market; voucher rent may lag private rents.

90% standard$1,620 / 0.70 ratio110% standard$1,980 / 0.86 ratio
0.78
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for CUMMING, 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.

Related ZIPs

CUMMING, IA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for CUMMING, IA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,280 and the 4 bedroom fair market rent is $1,800.

Use this page for searches like CUMMING, IA FMR, CUMMING, IA fair market rent, and CUMMING, IA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for CUMMING, IA
Bedroom sizeHUD FMR
Studio$1,040
1 bedroom$1,080
2 bedroom$1,280
3 bedroom$1,750
4 bedroom$1,800