Home/IA/Montgomery County
Montgomery County, IA
CountySAFMR
Found 13 ZIPs
BRFMR
Eff. Rent
0 BR$680 – $960$670
1 BR$720 – $1,040$680
2 BR$920 – $1,220$870
3 BR$1,150 – $1,630$960
4 BR$1,220 – $1,810$1,020
5 BR$1,621
6 BR$1,865
7 BR$2,144
8 BR$2,466

Market Alignment

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

Studio
Studio· 51566
1.09ratio
FMR$730
Market$670
vs market+$60

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

1.09
1 BR
1 BR· 51566
1.29ratio
FMR$880
Market$680
vs market+$200

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

1.29
2 BR
2 BR· 51566
1.10ratio
FMR$960
Market$870
vs market+$90

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

1.10
3 BR
3 BR· 51566
1.38ratio
FMR$1,320
Market$960
vs market+$360

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

1.38
4 BR
4 BR· 51566
1.38ratio
FMR$1,410
Market$1,020
vs market+$390

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

1.38
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit 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 Montgomery 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.