Madison County
FY 2026 HUD Fair Market Rents in Iowa. Population: 16,609.
Fair Market Rents (2026)
Studio
National avg: $893
$1,063/mo
↑ 11.4% YoY
+19% vs US
1 Bedroom
National avg: $959
$1,109/mo
↑ 9.0% YoY
+16% vs US
2 Bedroom
National avg: $1,175
$1,318/mo
↑ 8.4% YoY
+12% vs US
3 Bedroom
National avg: $1,525
$1,794/mo
↑ 9.9% YoY
+18% vs US
4 Bedroom
National avg: $1,756
$1,841/mo
↑ 12.4% YoY
+5% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $954 | $1,063 | +$109 (+11.4%) |
| 1 Bedroom | $1,017 | $1,109 | +$92 (+9.0%) |
| 2 Bedroom | $1,216 | $1,318 | +$102 (+8.4%) |
| 3 Bedroom | $1,632 | $1,794 | +$162 (+9.9%) |
| 4 Bedroom | $1,638 | $1,841 | +$203 (+12.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$44,360
$3,697/month gross
Required annual income for 2 BR
$52,720
$4,393/month gross
Other Counties in Iowa
Poweshiek County
1 BR: $853/mo
Woodbury County
1 BR: $925/mo
Taylor County
1 BR: $700/mo
Mitchell County
1 BR: $774/mo
Plymouth County
1 BR: $772/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.