Montgomery County
FY 2026 HUD Fair Market Rents in Iowa. Population: 10,285.
Fair Market Rents (2026)
Studio
National avg: $893
$682/mo
↑ 5.6% YoY
-24% vs US
1 Bedroom
National avg: $959
$838/mo
↑ 5.8% YoY
-13% vs US
2 Bedroom
National avg: $1,175
$919/mo
↑ 4.8% YoY
-22% vs US
3 Bedroom
National avg: $1,525
$1,265/mo
↑ 15.4% YoY
-17% vs US
4 Bedroom
National avg: $1,756
$1,319/mo
↑ 8.3% YoY
-25% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $646 | $682 | +$36 (+5.6%) |
| 1 Bedroom | $792 | $838 | +$46 (+5.8%) |
| 2 Bedroom | $877 | $919 | +$42 (+4.8%) |
| 3 Bedroom | $1,096 | $1,265 | +$169 (+15.4%) |
| 4 Bedroom | $1,218 | $1,319 | +$101 (+8.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$33,520
$2,793/month gross
Required annual income for 2 BR
$36,760
$3,063/month gross
Other Counties in Iowa
Clinton County
1 BR: $729/mo
Cerro Gordo County
1 BR: $750/mo
Jefferson County
1 BR: $826/mo
Louisa County
1 BR: $700/mo
Scott County
1 BR: $928/mo
Boone County
1 BR: $788/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.