County FMR · HUD FY2026
Mills County Fair Market Rent
HUD's FY2026 Fair Market Rent for Mills County, IA - 20% above the US average.
- $1,148
- 1-bedroom FMR
- $1,368
- 2-bedroom FMR
- +9.1%
- YoY change
- +20%
- vs US avg
The verdict
Mills is the 2nd most expensive of 99 counties in Iowa by 2-bedroom FMR; nationally it ranks #598 most expensive of 3,145 HUD counties; rent here has climbed 9.1% since FY 2025, a modest shift relative to most counties.
- #598
- most expensive of 3,145 US counties (2BR)
- #2
- most expensive of 99 in Iowa (2BR)
- +46%
- vs the state average
- $45,920
- income to afford it (30% rule)
Software Developers spend the smallest share of income on rent here (12.5%), while Fast Food and Counter Workers spend the most (48.5%).
FY 2026 HUD Fair Market Rent for Mills County, IA. Verify with HUD →
HUD sets the FY 2026 1-bedroom Fair Market Rent for Mills County, Iowa at $1,148 per month - the federal rental-assistance benchmark for this county. A 2-bedroom costs $1,368/mo and a studio is $1,090/mo. This is 20% higher than the national average of $959 and 46% above the Iowa average of $788.
Rent increased9.1% from FY 2025 ($1,052), outpacing inflation. A household needs about $45,920/year to stay under the 30% rent-to-income line.
Observed renter burden: 30.6% of the 846 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.
Market slack: The ACS rental vacancy rate here is 3.9%, a tight rental market where HUD's annual FMR schedule can lag what landlords are actually asking.
Local labor market: The county's BLS unemployment rate has averaged 3.2% over the past 12 months, a tight labor market that typically supports steadier rent demand.
FY 2026 HUD Fair Market Rents in Iowa. Population: 14,605. Population has held roughly steady over the past five years (-2.6%, Census ACS). That's slower than Iowa's statewide growth of +2.0% over the same period.
FMR filing desk
Area MILLS·COUNTY·IA·IA
Mills County, IA: $1,148/mo 1BR · #598 of 3145 counties (2BR) · FY2026
- FMR-AREA IA
- 1BR-FMR $1,148
- 2BR-FMR $1,368
- RANK-MID #598
- YOY-SURGE +9.1%
- VSUS-ABOVE +20%
- VS-ST-HIGH +46% IA
- INC-ROOM 16%
- POP-SMALL 15K
- PHOTO-NEAR Polk County
- VOUCH-90-110 $1,033–$1,263
- FY-2026 FY2026
Photo-finish peer: Polk ($39 1BR gap)
Read with: Understanding rent burden
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $990 | $1,090 | +$100 (+10.1%) |
| 1 Bedroom | $1,052 | $1,148 | +$96 (+9.1%) |
| 2 Bedroom | $1,261 | $1,368 | +$107 (+8.5%) |
| 3 Bedroom | $1,675 | $1,813 | +$138 (+8.2%) |
| 4 Bedroom | $1,864 | $2,046 | +$182 (+9.8%) |
Rent Burden Analysis
How much of household income goes to rent in Mills County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Where Mills sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,368 Top 19% higher than 81% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Mills compares on 1-bedroom rent
1-bedroom FMR vs other Iowa counties
- Mills
Mills County
$1,148 1BR FMR / mo
- Polk
Polk County
$1,109 1BR FMR / mo
- Johnson
Johnson County
$961 1BR FMR / mo
- Scott
Scott County
$928 1BR FMR / mo
- Woodbury
Woodbury County
$925 1BR FMR / mo
- Linn
Linn County
$816 1BR FMR / mo
- Black Hawk
Black Hawk County
$801 1BR FMR / mo
What this shows Mills is highlighted. Nearby Iowa counties by 1-bedroom FMR, highest to lowest: Mills County (this county) ($1,148), Polk County ($1,109), Johnson County ($961), Scott County ($928), Woodbury County ($925), Linn County ($816), Black Hawk County ($801).
Can Common Jobs Afford Rent Here?
Against a high local FMR of $1,148/mo, which of 15 common occupations still clear the 30% line using Iowa BLS wages?
| Occupation | IA Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $109,850 | 12.5% | Affordable |
| General & Operations Managers | $80,620 | 17.1% | Affordable |
| Registered Nurses | $76,960 | 17.9% | Affordable |
| Accountants & Auditors | $74,290 | 18.5% | Affordable |
| Police & Sheriff's Patrol Officers | $73,900 | 18.6% | Affordable |
| Electricians | $62,880 | 21.9% | Affordable |
| Elementary School Teachers | $55,540 | 24.8% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $55,080 | 25% | Affordable |
| Paralegals & Legal Assistants | $53,280 | 25.9% | Affordable |
| Customer Service Representatives | $44,990 | 30.6% | Stretched |
| Pharmacy Technicians | $41,380 | 33.3% | Stretched |
| Janitors & Cleaners | $36,130 | 38.1% | Stretched |
| Retail Salespersons | $30,030 | 45.9% | Stretched |
| Teaching Assistants | $28,500 | 48.3% | Stretched |
| Fast Food & Counter Workers | $28,400 | 48.5% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Mills County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Mills (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 50.7% overall, from $762 to $1,148. The increases have been fairly steady year to year, with no single jump exceeding 11.8% (FY 2023).
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑9.1% | $1,090 | $1,148 | $1,368 |
| FY 2025 ↑8.3% | $990 | $1,052 | $1,261 |
| FY 2024 ↑9.3% | $895 | $971 | $1,170 |
| FY 2023 ↑11.8% | $801 | $888 | $1,083 |
| FY 2022 ↓0.5% | $698 | $794 | $974 |
| FY 2021 ↑4.7% | $695 | $798 | $987 |
| FY 2020 | $650 | $762 | $946 |
Part of the Omaha, NE-IA Metro Area
Mills County is a outlying county of the Omaha, NE-IA metropolitan statistical area, alongside 7 other metro-area counties.
Mills County ranks #7 of 8 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Douglas County ($1,148), Sarpy County ($1,148), Pottawattamie County ($1,148), Cass County ($1,148), Washington County ($1,148), Harrison County ($1,148), Mills County (this county) ($1,148), Saunders County ($956).
Nationwide peers by 2BR FMR & rent burden
Two PlainRent-derived comparison paths for Mills County, both outside Iowa so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.
Similar 2-bedroom FMR
Nearest HUD 2BR Fair Market Rents outside IA (FY2026).
Similar rent burden
Nearest 2BR FMR as a share of median household income (outside IA).
Nearby Counties in Iowa
Largest counties by population in Iowa
Showing the 8 largest of 98 other counties in Iowa.
Frequently Asked Questions
What is the average rent in Mills County?
The FY 2026 Fair Market Rent for a 1-bedroom in Mills County is $1,148 per month. A 2-bedroom is $1,368 and a studio is $1,090.
How does Mills County rent compare to the national average?
Rent in Mills County is 20% above the national average. A 1-bedroom here costs $1,148 compared to $959 nationally.
Where does Mills County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Mills County's 2-bedroom FMR of $1,368 ranks #598 most expensive among 3,145 HUD counties, placing it in the upper-rent quarter of HUD counties.
What income do I need to afford rent in Mills County?
Based on the 30% affordability rule, you need an annual income of at least $45,920 ($3,827/month) to afford a 1-bedroom at Fair Market Rent in Mills County.
Is rent going up or down in Mills County?
The 1-bedroom Fair Market Rent in Mills County increased by 9.1% from FY 2025 to FY 2026, going from $1,052 to $1,148.
Which jobs can afford rent in Mills County?
Based on Iowa BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $1,148/mo. 9 of 15 common occupations are affordable here.
How much has rent changed in Mills County over time?
The 1-bedroom Fair Market Rent in Mills County went from $762 in FY 2020 to $1,148 in FY 2026, a total change of +50.7% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Mills County?
In Mills County, the FY 2026 FMR of $1,148/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Mills County?
For Mills County, it's the specific 40th-percentile rent HUD publishes each year ($1,148/mo for a 1-bedroom in FY 2026).
Is the rental market tight or loose in Mills County?
The ACS rental vacancy rate here is 3.9%, a tight rental market where HUD's annual FMR schedule can lag what landlords are actually asking.
What is the unemployment rate in Mills County?
The county's BLS unemployment rate has averaged 3.2% over the past 12 months, a tight labor market that typically supports steadier rent demand.
Data sources
What this means for renters
Treat Mills's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,148 implies about $45,920/yr to rent without being cost-burdened. Run your numbers
- Iowa counties vary widely around this figure - compare specific counties before assuming this applies to yours. Compare vs Polk
- See where Mills ranks nationally on rent. National rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.