Hancock County
FY 2026 HUD Fair Market Rents in Iowa. Population: 10,790.
Fair Market Rents (2026)
Studio
National avg: $893
$682/mo
↑ 5.6% YoY
-24% vs US
1 Bedroom
National avg: $959
$745/mo
↑ 4.1% YoY
-22% vs US
2 Bedroom
National avg: $1,175
$919/mo
↑ 4.8% YoY
-22% vs US
3 Bedroom
National avg: $1,525
$1,170/mo
↓ 1.0% YoY
-23% vs US
4 Bedroom
National avg: $1,756
$1,542/mo
↑ 4.7% YoY
-12% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $646 | $682 | +$36 (+5.6%) |
| 1 Bedroom | $716 | $745 | +$29 (+4.1%) |
| 2 Bedroom | $877 | $919 | +$42 (+4.8%) |
| 3 Bedroom | $1,182 | $1,170 | $-12 (-1.0%) |
| 4 Bedroom | $1,473 | $1,542 | +$69 (+4.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$29,800
$2,483/month gross
Required annual income for 2 BR
$36,760
$3,063/month gross
Other Counties in Iowa
Sioux County
1 BR: $740/mo
Humboldt County
1 BR: $798/mo
Ringgold County
1 BR: $748/mo
Harrison County
1 BR: $1,148/mo
Mills County
1 BR: $1,148/mo
Des Moines County
1 BR: $810/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.