FMRFinder

Franklin County, IA fair market rent

Franklin County, IA · FY2027 · upcoming · effective October 1, 2026

$9272 bedrooms / month

Illustrative 90–110% range $834–$1,020 · +0.9% from FY2026

Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Non-metro county. U.S. county median 2BR $1,056.

Your housing authority's payment standard: not verified on this page.

Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.

HUD rents by bedroom count
UnitFY2027FY2026Change
Studio$688$682+0.9%
1 bedroom$709$700+1.3%
2 bedrooms$927$919+0.9%
3 bedrooms$1,143$1,168-2.1%
4 bedrooms$1,549$1,542+0.5%

Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.

2-bedroom FMR, last 11 years

HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method

Small Area FMRs by ZIP code

19 ZIPs in Franklin County, IA

Iowa areas with a similar 2BR rent

All 99