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Home/IA/Montgomery County

Montgomery County, IA

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

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

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

FMR is near market; voucher and private rents are aligned.

90% standard$657 / 0.98 ratio110% standard$803 / 1.20 ratio
1.09
1 BR
1 BR- 51566
1.29ratio
FMR$880
Market$680
vs market+$200

FMR is above market; underwrite to market rent.

90% standard$792 / 1.16 ratio110% standard$968 / 1.42 ratio
1.29
2 BR
2 BR- 51566
1.10ratio
FMR$960
Market$870
vs market+$90

FMR is above market; underwrite to market rent.

90% standard$864 / 0.99 ratio110% standard$1,056 / 1.21 ratio
1.10
3 BR
3 BR- 51566
1.38ratio
FMR$1,320
Market$960
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$1,188 / 1.24 ratio110% standard$1,452 / 1.51 ratio
1.38
4 BR
4 BR- 51566
1.38ratio
FMR$1,410
Market$1,020
vs market+$390

FMR is above market; underwrite to market rent.

90% standard$1,269 / 1.24 ratio110% standard$1,551 / 1.52 ratio
1.38
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
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.

Montgomery County, IA fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for Montgomery County, IA shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $960 and the 4 bedroom fair market rent is $1,410.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for Montgomery County, IA
Bedroom sizeHUD FMR
Studio$730
1 bedroom$830
2 bedroom$960
3 bedroom$1,280
4 bedroom$1,410