50124
ZIPSAFMR
Polk County, IA
BRFMR
Eff. Rent
0 BR$1,100$1,110
1 BR$1,160$1,080
2 BR$1,300$1,240
3 BR$1,810$1,540
4 BR$2,180$1,670
5 BR$2,507
6 BR$2,883
7 BR$3,316
8 BR$3,813

Purchase Price Calculator

Maximum purchase price
$122,347

Cost breakdown

+Likely effective rent$1,240
HUD FMR$1,300
Market rentUsed$1,240
Est. payment standard (97%)$1,260
Market rent is below the inferred standard ($1,260, 97% of FMR).
-Principal and interest-$619
Loan amount$97,878
Down payment$24,469
Rate6.50%
Term30 years
-Operating costs-$421
Property taxes-$122
Insurance-$175
Utilities$0
HOA$0
Management-$124
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,114(82.2% ROI)
Projected value
$131,754
Current value$122,347
Return breakdown
Property appreciation+$9,407
Loan principal paid down+$3,507
Rental cash flow+$7,200
5-year hold
+$34,331(140.3% ROI)
Projected value
$138,424
Current value$122,347
Return breakdown
Property appreciation+$16,077
Loan principal paid down+$6,253
Rental cash flow+$12,000
10-year hold
+$73,168(299.0% ROI)
Projected value
$156,615
Current value$122,347
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
Rental cash flow+$24,000

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Market Alignment

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

Studio
Studio
0.99ratio
FMR$1,100
Market$1,110
vs market-$10

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

90% standard$990 / 0.89 ratio110% standard$1,210 / 1.09 ratio
0.99
1 BR
1 BR
1.07ratio
FMR$1,160
Market$1,080
vs market+$80

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

90% standard$1,044 / 0.97 ratio110% standard$1,276 / 1.18 ratio
1.07
2 BR
2 BR
1.05ratio
FMR$1,300
Market$1,240
vs market+$60

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

90% standard$1,170 / 0.94 ratio110% standard$1,430 / 1.15 ratio
1.05
3 BR
3 BR
1.18ratio
FMR$1,810
Market$1,540
vs market+$270

FMR is above market; underwrite to market rent.

90% standard$1,629 / 1.06 ratio110% standard$1,991 / 1.29 ratio
1.18
4 BR
4 BR
1.31ratio
FMR$2,180
Market$1,670
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$1,962 / 1.17 ratio110% standard$2,398 / 1.44 ratio
1.31
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 50124 (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.

50124 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 50124 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,300 and the 4 bedroom fair market rent is $2,180.

Use this page for searches like 50124 FMR, 50124 fair market rent, and 50124 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 50124
Bedroom sizeHUD FMR
Studio$1,100
1 bedroom$1,160
2 bedroom$1,300
3 bedroom$1,810
4 bedroom$2,180