FMR is below market; voucher rent may lag private rents.
0.55
1 BR
1 BR- 50069
0.59ratio
FMR$960
Market$1,630
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.59
2 BR
2 BR- 50069
0.72ratio
FMR$1,140
Market$1,580
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.72
3 BR
3 BR- 50069
0.81ratio
FMR$1,560
Market$1,920
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 50069
0.75ratio
FMR$1,590
Market$2,110
vs market-$520
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
--
De Soto, IA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in De Soto, IA is $1,140 a month. That is up 11.8% from $1,020 in FY 2026. De Soto 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 De Soto is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for De Soto, IA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$820
$920
+12.2%
$828–$1,012
1BR
$860
$960
+11.6%
$864–$1,056
2BR
$1,020
$1,140
+11.8%
$1,026–$1,254
3BR
$1,390
$1,560
+12.2%
$1,404–$1,716
4BR
$1,420
$1,590
+12.0%
$1,431–$1,749
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for De Soto, IA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$920
$960
$1,140
$1,560
$1,590
FY 2026
$820
$860
$1,020
$1,390
$1,420
FY 2025
$750
$810
$980
$1,330
$1,340
FY 2024
$720
$810
$970
$1,330
$1,350
FY 2023
$600
$700
$850
$1,160
$1,230
Questions about De Soto, IA rents
How much will Section 8 pay for a two-bedroom in De Soto, IA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,140, that basic range is $1,026 to $1,254 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 De Soto, IA in?
De Soto, 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 De Soto, IA for FY 2027?
The two-bedroom FMR rose 11.8%, from $1,020 in FY 2026 to $1,140 in FY 2027. Since FY 2023 it has risen 34.1%.
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