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IA/Winneshiek County/Highlandville

Highlandville, IA

CityFMR
Winneshiek County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$688$688
1 BR$710$710
2 BR$927$927
3 BR$1,214$1,214
4 BR$1,218$1,218
5 BR$1,401Not available
6 BR$1,611Not available
7 BR$1,852Not available
8 BR$2,130Not available

Purchase Price Calculator

Maximum purchase price
$75,835

Cost breakdown

+Likely effective rent$927
HUD FMRUsed$927
Market rentN/A
Est. payment standardN/A
-Principal and interest-$383
Loan amount$60,668
Down payment$15,167
Rate6.50%
Term30 years
-Operating costs-$344
Property taxes-$76
Insurance-$175
Utilities$0
HOA$0
Management-$93
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,205(100.2% ROI)
Projected value
$81,666
Return breakdown
Property appreciation+$5,831
Loan principal paid down+$2,174
Rental cash flow+$7,200
5-year hold
+$25,841(170.4% ROI)
Projected value
$85,801
Return breakdown
Property appreciation+$9,965
Loan principal paid down+$3,876
Rental cash flow+$12,000
10-year hold
+$54,476(359.2% ROI)
Projected value
$97,076
Return breakdown
Property appreciation+$21,240
Loan principal paid down+$9,236
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Highlandville, IA fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Highlandville, IA is $927 a month. That is up 0.9% from $919 in FY 2026. Highlandville is in the Winneshiek County, IA non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Highlandville, IA
BedroomsFY 2027Change90–110% range
Studio$688+0.9%$619–$757
1BR$710+1.4%$639–$781
2BR$927+0.9%$834–$1,020
3BR$1,214+0.2%$1,093–$1,335
4BR$1,218+0.1%$1,096–$1,340

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Highlandville, IA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$688$710$927$1,214$1,218
FY 2026$682$700$919$1,212$1,217
FY 2025$646$668$877$1,158$1,163
FY 2024$630$656$862$1,144$1,148
FY 2023$581$604$795$1,064$1,068

Questions about Highlandville, IA rents

How much will Section 8 pay for a two-bedroom in Highlandville, IA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $927, that basic range is $834 to $1,020 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 Highlandville, IA in?

Highlandville, IA is in the Winneshiek County, IA non-metropolitan FMR area.

How much did fair market rent change in Highlandville, IA for FY 2027?

The two-bedroom FMR rose 0.9%, from $919 in FY 2026 to $927 in FY 2027. Since FY 2023 it has risen 16.6%.

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 Fair Market Rents. 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