FMRFinder

Grundy County, IA fair market rent

Waterloo-Cedar Falls, IA HUD Metro FMR Area · FY2027 · upcoming · effective October 1, 2026

$1,0962 bedrooms / month

Illustrative 90–110% range $986–$1,206 · +4.3% 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. Metro FMR area. 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$763$725+5.2%
1 bedroom$838$801+4.6%
2 bedrooms$1,096$1,051+4.3%
3 bedrooms$1,401$1,357+3.2%
4 bedrooms$1,832$1,763+3.9%

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

37 ZIPs in Waterloo-Cedar Falls, IA HUD Metro FMR Area

Same FMR area

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