50704
ZIPSAFMR
Black Hawk County, IA
BRFMR
Eff. Rent
0 BR$730$690
1 BR$810$780
2 BR$1,060$920
3 BR$1,370$1,120
4 BR$1,780$1,340
5 BR$2,047
6 BR$2,354
7 BR$2,707
8 BR$3,113

Purchase Price Calculator

Maximum purchase price
$74,795

Cost breakdown

+Likely effective rent$920
HUD FMR$1,060
Market rentUsed$920
Est. payment standard (91%)$970
Market rent is below the inferred standard ($970, 91% of FMR).
-Principal and interest-$378
Loan amount$59,836
Down payment$14,959
Rate6.50%
Term30 years
-Operating costs-$342
Property taxes-$75
Insurance-$175
Utilities$0
HOA$0
Management-$92
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,095(100.9% ROI)
Projected value
$80,546
Current value$74,795
Return breakdown
Property appreciation+$5,751
Loan principal paid down+$2,144
Rental cash flow+$7,200
5-year hold
+$25,652(171.5% ROI)
Projected value
$84,624
Current value$74,795
Return breakdown
Property appreciation+$9,829
Loan principal paid down+$3,823
Rental cash flow+$12,000
10-year hold
+$54,058(361.4% ROI)
Projected value
$95,744
Current value$74,795
Return breakdown
Property appreciation+$20,949
Loan principal paid down+$9,109
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
1.06ratio
FMR$730
Market$690
vs market+$40

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

90% standard$657 / 0.95 ratio110% standard$803 / 1.16 ratio
1.06
1 BR
1 BR
1.04ratio
FMR$810
Market$780
vs market+$30

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

90% standard$729 / 0.93 ratio110% standard$891 / 1.14 ratio
1.04
2 BR
2 BR
1.15ratio
FMR$1,060
Market$920
vs market+$140

FMR is above market; underwrite to market rent.

90% standard$954 / 1.04 ratio110% standard$1,166 / 1.27 ratio
1.15
3 BR
3 BR
1.22ratio
FMR$1,370
Market$1,120
vs market+$250

FMR is above market; underwrite to market rent.

90% standard$1,233 / 1.10 ratio110% standard$1,507 / 1.35 ratio
1.22
4 BR
4 BR
1.33ratio
FMR$1,780
Market$1,340
vs market+$440

FMR is above market; underwrite to market rent.

90% standard$1,602 / 1.20 ratio110% standard$1,958 / 1.46 ratio
1.33
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 50704 (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.

50704 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 50704 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,060 and the 4 bedroom fair market rent is $1,780.

Use this page for searches like 50704 FMR, 50704 fair market rent, and 50704 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 50704
Bedroom sizeHUD FMR
Studio$730
1 bedroom$810
2 bedroom$1,060
3 bedroom$1,370
4 bedroom$1,780