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Cedar County/New Liberty/52765

52765

ZIPSAFMR
Cedar County, IA
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$1,120$1,120
1 BR$1,210$1,210
2 BR$1,510$1,510
3 BR$1,990$1,990
4 BR$2,360$2,360
5 BR$2,714Not available
6 BR$3,121Not available
7 BR$3,589Not available
8 BR$4,128Not available

Purchase Price Calculator

Maximum purchase price
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMRUsed$1,510
Market rentN/A
Est. payment standardN/A
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 52765 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 52765 (New Liberty, IA) is $1,510 a month. That is up 1.3% from $1,490 in FY 2026. New Liberty is in the Cedar 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 $969. Among 18 ZIP codes in Cedar County, 52765 has the highest two-bedroom rent (county range $930–$1,510). The median county two-bedroom FMR in Iowa is $927, so ZIP 52765 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 52765
BedroomsFY 2027Change90–110% range
Studio$1,120+4.7%$1,008–$1,232
1BR$1,210+0.8%$1,089–$1,331
2BR$1,510+1.3%$1,359–$1,661
3BR$1,990+2.1%$1,791–$2,189
4BR$2,360+2.6%$2,124–$2,596

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 52765
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,120$1,210$1,510$1,990$2,360
FY 2026$1,070$1,200$1,490$1,950$2,300
FY 2025$830$970$1,200$1,560$1,820
FY 2024$660$790$970$1,270$1,460
FY 2023$600$720$890$1,170$1,330

Two-bedroom rent in nearby Cedar County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 52765
52333$1,280−15.2%
52337$1,050−30.5%
52358$1,160−23.2%
52720$970−35.8%
52721$1,070−29.1%
52747$1,030−31.8%
52760$970−35.8%
52765Current$1,510—
52772$930−38.4%
52776$1,030−31.8%
52777$930−38.4%
52778$970−35.8%

Questions about ZIP 52765 rents

How much will Section 8 pay for a two-bedroom in ZIP 52765?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $969, which applies unless the housing authority uses Small Area FMRs, that basic range is $872 to $1,066 a month; under the ZIP-level Small Area FMR of $1,510 it would be $1,359 to $1,661. 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 52765 in?

ZIP 52765 is in the Cedar County, IA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $969.

How much did fair market rent change in ZIP 52765 for FY 2027?

The two-bedroom FMR rose 1.3%, from $1,490 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 69.7%.

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 rentNew Liberty, IA fair market rentIA statewide rentsWhat is SAFMR?Data sources