HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Webster County, Iowa (FY 2027)
$927 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Webster County, and it's the baseline every voucher in Webster is measured against.
Two-bedroom FMR
$927
+0.9% from FY 2026
Payment standard
$834–$1,020
90% to 110% of the FMR, two-bedroom
Income to afford
$37,080
a year, with rent at 30% of income
Rank in Iowa
96th 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 | $667 | $600–$734 | $26,680 | $12.83/hr | -4.2% |
| 1 bedroom | $709 | $638–$780 | $28,360 | $13.63/hr | +1.3% |
| 2 bedroom | $927 | $834–$1,020 | $37,080 | $17.83/hr | +0.9% |
| 3 bedroom | $1,191 | $1,072–$1,310 | $47,640 | $22.90/hr | +0.8% |
| 4 bedroom | $1,549 | $1,394–$1,704 | $61,960 | $29.79/hr | +0.5% |
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 | $1,781 | $1,603–$1,959 |
| 6 bedroom Estimate | $2,014 | $1,813–$2,215 |
| 7 bedroom Estimate | $2,246 | $2,021–$2,471 |
| 8 bedroom Estimate | $2,478 | $2,230–$2,726 |
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 Webster actually rent for?
Search any address in Webster 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 Webster somewhere between $834 and $1,020. 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.
$927 a month is affordable, by HUD's 30% rule, on an income of roughly $37,080 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%$834 | Voucher pays at 100%$927 | Voucher pays at 110%$1,020 |
|---|---|---|---|---|
| $2,500 | $750 | $84 | $177 | $270 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 1% from FY 2026 ($919) to FY 2027 ($927). Since FY 2020 it's up 35% in total, about 4.4% 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 | $524 | $528 | $687 | $929 | $932 | — |
| FY 2021 | $539 | $543 | $715 | $983 | $986 | +4.1% |
| FY 2022 | $558 | $562 | $739 | $1,024 | $1,028 | +3.4% |
| FY 2023 | $600 | $604 | $795 | $1,116 | $1,131 | +7.6% |
| FY 2024 | $652 | $657 | $863 | $1,159 | $1,465 | +8.6% |
| FY 2025 | $664 | $668 | $877 | $1,155 | $1,473 | +1.6% |
| FY 2026 | $696 | $700 | $919 | $1,182 | $1,542 | +4.8% |
| FY 2027In effect | $667 | $709 | $927 | $1,191 | $1,549 | +0.9% |
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 Webster, that runs from $667 for a studio up to $1,549 for four bedrooms, all five rates in the table above.
Because Webster 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, Fort Dodge included.
Among Iowa's 99 counties, Webster ranks 96th for two-bedroom FMR. That's within a couple percent of the state median of $927 and about 13% below the national median county at $1,063. About 36,886 people live here, 18th 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 50516 (Badger) and $1,140 in 50566 (Moorland), with the 14 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 |
|---|---|---|---|
| 50501 | Fort Dodge | $950 | +2.5% |
| 50516 | Badger | $930 | +0.3% |
| 50518 | Barnum | $940 | +1.4% |
| 50521 | Burnside | $930 | +0.3% |
| 50523 | Callender | $930 | +0.3% |
| 50524 | Clare | $930 | +0.3% |
| 50530 | Dayton | $930 | +0.3% |
| 50532 | Duncombe | $930 | +0.3% |
| 50543 | Gowrie | $930 | +0.3% |
| 50544 | Harcourt | $930 | +0.3% |
| 50557 | Lehigh | $930 | +0.3% |
| 50566 | Moorland | $1,140 | +23.0% |
| 50569 | Otho | $930 | +0.3% |
| 50594 | Vincent | $930 | +0.3% |
Nearby counties
Two-bedroom FMR, with how each compares to Webster.
Calhoun County
22 mi · 9,803 people
$927
same rate
Hamilton County
25 mi · 14,886 people
$1,004
+8%
Humboldt County
25 mi · 9,591 people
$927
same rate
Greene County
27 mi · 8,688 people
$927
same rate
Boone County
28 mi · 26,668 people
$967
+4%
Wright County
31 mi · 12,791 people
$944
+2%
Pocahontas County
35 mi · 7,046 people
$927
same rate
Story County
43 mi · 100,466 people
$1,061
+14%
Questions people ask
$927 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $667 for a studio, $709 for one bedroom, $1,191 for three and $1,549 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 Webster actually go for?
HUD's number is one input. Search any address in Webster for a rent estimate built from nearby comps. Free to start, no card.
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