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Clayton County/Mc Gregor/52157

52157

ZIPSAFMR
Clayton County, IA
Zillow

ZIP Investment Score

52Below average

095130300
BRFMR
Eff. Rent
0 BR$690$760
1 BR$720$790
2 BR$930$900
3 BR$1,170$890
4 BR$1,380$990
5 BR$1,587Not available
6 BR$1,825Not available
7 BR$2,099Not available
8 BR$2,414Not available

Purchase Price Calculator

Maximum purchase price
$71,823

Cost breakdown

+Likely effective rent$900
HUD FMR$930
Market rentUsed$900
Est. payment standard (98%)$910
-Principal and interest-$363
Loan amount$57,459
Down payment$14,365
Rate6.50%
Term30 years
-Operating costs-$337
Property taxes-$72
Insurance-$175
Utilities$0
HOA$0
Management-$90
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,781(102.9% ROI)
Projected value
$77,346
Return breakdown
Property appreciation+$5,523
Loan principal paid down+$2,059
Rental cash flow+$7,200
5-year hold
+$25,109(174.8% ROI)
Projected value
$81,261
Return breakdown
Property appreciation+$9,438
Loan principal paid down+$3,671
Rental cash flow+$12,000
10-year hold
+$52,864(368.0% ROI)
Projected value
$91,940
Return breakdown
Property appreciation+$20,117
Loan principal paid down+$8,747
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
0.87
2 BR
1.03
3 BR
1.31
4 BR
1.39
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 52157 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 52157 (Mc Gregor, IA) is $930 a month. That is up 1.1% from $920 in FY 2026. Mc Gregor is in the Clayton County, IA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $927. Among 24 ZIP codes in Clayton County, 52157 is tied for the 16th-highest two-bedroom rent (county range $930–$1,320).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 52157
BedroomsFY 2027Change90–110% range
Studio$690+1.5%$621–$759
1BR$720+2.9%$648–$792
2BR$930+1.1%$837–$1,023
3BR$1,170+3.5%$1,053–$1,287
4BR$1,380+6.2%$1,242–$1,518

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 52157
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$690$720$930$1,170$1,380
FY 2026$680$700$920$1,130$1,300
FY 2025$650$670$880$1,070$1,160
FY 2024area FMR$584$656$862$1,067$1,148
FY 2023area FMR$532$604$795$992$1,068

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Clayton County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 52157
52072$990+6.5%
52073$1,320+41.9%
52076$9300.0%
52077$9300.0%
52135$9300.0%
52141$950+2.2%
52156$1,100+18.3%
52157Current$930—
52158$960+3.2%
52159$1,030+10.8%
52162$9300.0%
52169$9300.0%

Questions about ZIP 52157 rents

How much will Section 8 pay for a two-bedroom in ZIP 52157?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $927, which applies unless the housing authority uses Small Area FMRs, that basic range is $834 to $1,020 a month; under the ZIP-level Small Area FMR of $930 it would be $837 to $1,023. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 52157 in?

ZIP 52157 is in the Clayton County, IA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $927.

How much did fair market rent change in ZIP 52157 for FY 2027?

The two-bedroom FMR rose 1.1%, from $920 in FY 2026 to $930 in FY 2027. Since FY 2025 it has risen 5.7%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentMc Gregor, IA fair market rentIA statewide rentsWhat is SAFMR?Data sources