Home/IA/Hancock County
Hancock County, IA
CountySAFMR
Found 13 ZIPs
BRFMR
Eff. Rent
0 BR$680 – $890$700
1 BR$720 – $970$720
2 BR$920 – $1,200$940
3 BR$1,130 – $1,530$1,130
4 BR$1,330 – $2,010$1,210
5 BR$1,771
6 BR$2,037
7 BR$2,342
8 BR$2,693

Market Alignment

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

Studio
Studio· 50438
0.72ratio
FMR$680
Market$940
vs market-$260

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

0.72
1 BR
1 BR· 50438
0.76ratio
FMR$740
Market$980
vs market-$240

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

0.76
2 BR
2 BR· 50438
0.84ratio
FMR$920
Market$1,090
vs market-$170

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

0.84
3 BR
3 BR· 50438
1.03ratio
FMR$1,170
Market$1,140
vs market+$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.03
4 BR
4 BR· 50438
1.27ratio
FMR$1,540
Market$1,210
vs market+$330

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.27
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Hancock County, 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.