FMRFinder

Lee County, IA fair market rent

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

$9762 bedrooms / month

Illustrative 90–110% range $878–$1,074 · +1.5% 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$680$663+2.6%
1 bedroom$746$733+1.8%
2 bedrooms$976$962+1.5%
3 bedrooms$1,295$1,270+2.0%
4 bedrooms$1,448$1,330+8.9%

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

14 ZIPs in Lee County, IA

Iowa areas with a similar 2BR rent

All 99