HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Tama County, Iowa (FY 2027)
A two-bedroom in Tama County carries a FY 2027 Fair Market Rent of $945 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Tama keys off that figure.
Two-bedroom FMR
$945
+0.4% from FY 2026
Payment standard
$851–$1,040
90% to 110% of the FMR, two-bedroom
Income to afford
$37,800
a year, with rent at 30% of income
Rank in Iowa
44th of 99
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $702 | $632–$772 | $28,080 | $13.50/hr | +0.6% |
| 1 bedroom | $722 | $650–$794 | $28,880 | $13.88/hr | +0.7% |
| 2 bedroom | $945 | $851–$1,040 | $37,800 | $18.17/hr | +0.4% |
| 3 bedroom | $1,198 | $1,078–$1,318 | $47,920 | $23.04/hr | +2.0% |
| 4 bedroom | $1,317 | $1,185–$1,449 | $52,680 | $25.33/hr | -1.0% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,515 | $1,364–$1,667 |
| 6 bedroom Estimate | $1,712 | $1,541–$1,883 |
| 7 bedroom Estimate | $1,910 | $1,719–$2,101 |
| 8 bedroom Estimate | $2,107 | $1,896–$2,318 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Tama actually rent for?
Search any address in Tama for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Tama somewhere between $851 and $1,040. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$945 a month is affordable, by HUD's 30% rule, on an income of roughly $37,800 a year. Put another way, $18 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$851 | Voucher pays at 100%$945 | Voucher pays at 110%$1,040 |
|---|---|---|---|---|
| $2,500 | $750 | $101 | $195 | $290 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 0% from FY 2026 ($941) to FY 2027 ($945). Since FY 2020 it's up 36% in total, about 4.5% a year. The Iowa median moved up 1% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $488 | $527 | $694 | $865 | $987 | — |
| FY 2021 | $483 | $550 | $725 | $902 | $1,106 | +4.5% |
| FY 2022 | $510 | $584 | $768 | $949 | $1,231 | +5.9% |
| FY 2023 | $552 | $628 | $826 | $1,005 | $1,295 | +7.6% |
| FY 2024 | $655 | $683 | $897 | $1,085 | $1,368 | +8.6% |
| FY 2025 | $674 | $697 | $915 | $1,102 | $1,332 | +2.0% |
| FY 2026 | $698 | $717 | $941 | $1,174 | $1,330 | +2.8% |
| FY 2027In effect | $702 | $722 | $945 | $1,198 | $1,317 | +0.4% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Tama, that runs from $702 for a studio up to $1,317 for four bedrooms, all five rates in the table above.
Because Tama sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Montour included.
Among Iowa's 99 counties, Tama ranks 44th for two-bedroom FMR. That's within a couple percent of the state median of $927 and about 11% below the national median county at $1,063. About 16,868 people live here, 43rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $930 in 50632 (Garwin) and $1,190 in 50173 (Montour), with the 13 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 50173 | Montour | $1,190 | +25.9% |
| 50612 | Buckingham | $1,030 | +9.0% |
| 50632 | Garwin | $930 | -1.6% |
| 50635 | Gladbrook | $940 | -0.5% |
| 50652 | Lincoln | $940 | -0.5% |
| 50675 | Traer | $990 | +4.8% |
| 52215 | Chelsea | $970 | +2.6% |
| 52217 | Clutier | $980 | +3.7% |
| 52224 | Dysart | $930 | -1.6% |
| 52225 | Elberon | $1,070 | +13.2% |
| 52339 | Tama | $930 | -1.6% |
| 52342 | Toledo | $1,010 | +6.9% |
| 52348 | Vining | $950 | +0.5% |
Nearby counties
Two-bedroom FMR, with how each compares to Tama.
Grundy County
24 mi · 12,384 people
$1,096
+16%
Benton County
25 mi · 25,724 people
$982
+4%
Marshall County
26 mi · 40,114 people
$940
-1%
Poweshiek County
28 mi · 18,545 people
$1,014
+7%
Black Hawk County
29 mi · 131,049 people
$1,096
+16%
Iowa County
36 mi · 16,507 people
$927
-2%
Hardin County
41 mi · 16,639 people
$927
-2%
Jasper County
41 mi · 37,954 people
$989
+5%
Questions people ask
$945 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $702 for a studio, $722 for one bedroom, $1,198 for three and $1,317 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Tama actually go for?
HUD's number is one input. Search any address in Tama for a rent estimate built from nearby comps. Free to start, no card.
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