Cerro Gordo County
FY 2026 HUD Fair Market Rents in Iowa. Population: 42,979.
Fair Market Rents (2026)
Studio
National avg: $893
$746/mo
↑ 6.4% YoY
-16% vs US
1 Bedroom
National avg: $959
$750/mo
↑ 6.2% YoY
-22% vs US
2 Bedroom
National avg: $1,175
$949/mo
↑ 3.5% YoY
-19% vs US
3 Bedroom
National avg: $1,525
$1,226/mo
↑ 4.3% YoY
-20% vs US
4 Bedroom
National avg: $1,756
$1,446/mo
↑ 3.4% YoY
-18% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $701 | $746 | +$45 (+6.4%) |
| 1 Bedroom | $706 | $750 | +$44 (+6.2%) |
| 2 Bedroom | $917 | $949 | +$32 (+3.5%) |
| 3 Bedroom | $1,175 | $1,226 | +$51 (+4.3%) |
| 4 Bedroom | $1,399 | $1,446 | +$47 (+3.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$30,000
$2,500/month gross
Required annual income for 2 BR
$37,960
$3,163/month gross
Other Counties in Iowa
Hamilton County
1 BR: $791/mo
Linn County
1 BR: $816/mo
Mitchell County
1 BR: $774/mo
Winneshiek County
1 BR: $700/mo
Humboldt County
1 BR: $798/mo
Louisa County
1 BR: $700/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.