Home/IA/Madison County
Madison County, IA
CountySAFMR
Found 19 ZIPs
BRFMR
Eff. Rent
0 BR$680 – $1,050$820 – $1,040
1 BR$730 – $1,090$860 – $1,080
2 BR$920 – $1,300$1,020 – $1,280
3 BR$1,200 – $1,770$1,390 – $1,750
4 BR$1,280 – $1,820$1,420 – $1,800
5 BR$1,794
6 BR$2,063
7 BR$2,373
8 BR$2,728

Market Alignment

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

Studio
Studio· 3 ZIPs
0.49–0.62ratio range
Median FMR$890
Median Market$1,670
vs market-$780

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

3
Studio· 1 ZIP
0.67ratio
FMR$1,050
Market$1,560
vs market-$510

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

Studio· 1 ZIP
0.77ratio
FMR$970
Market$1,260
vs market-$290

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

0.49–0.77
1 BR
1 BR· 2 ZIPs
0.53–0.57ratio range
Median FMR$895
Median Market$1,625
vs market-$730

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

2
1 BR· 1 ZIP
0.71ratio
FMR$1,080
Market$1,520
vs market-$440

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

1
1 BR· 2 ZIPs
0.74–0.75ratio range
Median FMR$1,050
Median Market$1,415
vs market-$365

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

2
0.53–0.75
2 BR
2 BR· 1 ZIP
0.61ratio
FMR$1,100
Market$1,790
vs market-$690

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

1
2 BR· 1 ZIP
0.65ratio
FMR$1,020
Market$1,580
vs market-$560

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

1
2 BR· 2 ZIPs
0.71ratio range
Median FMR$1,290
Median Market$1,820
vs market-$530

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

2
2 BR· 1 ZIP
0.74ratio
FMR$1,200
Market$1,630
vs market-$430

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

1
0.61–0.74
3 BR
3 BR· 1 ZIP
0.72ratio
FMR$1,390
Market$1,920
vs market-$530

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

1
3 BR· 1 ZIP
0.77ratio
FMR$1,500
Market$1,950
vs market-$450

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

1
3 BR· 1 ZIP
0.78ratio
FMR$1,630
Market$2,080
vs market-$450

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

1
3 BR· 2 ZIPs
0.83–0.85ratio range
Median FMR$1,760
Median Market$2,105
vs market-$345

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

2
0.72–0.85
4 BR
4 BR· 2 ZIPs
0.66–0.67ratio range
Median FMR$1,550
Median Market$2,335
vs market-$785

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

2
4 BR· 1 ZIP
0.69ratio
FMR$1,540
Market$2,220
vs market-$680

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

1
4 BR· 1 ZIP
0.78ratio
FMR$1,800
Market$2,300
vs market-$500

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

1
4 BR· 1 ZIP
0.82ratio
FMR$1,820
Market$2,220
vs market-$400

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

1
0.66–0.82
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

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 Madison 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.