PlainRent

Story County

FY 2026 HUD Fair Market Rents in Iowa. Population: 98,573.

Fair Market Rents (2026)

Studio
National avg: $893
$972/mo
↑ 11.1% YoY +9% vs US
1 Bedroom
National avg: $959
$1,026/mo
↑ 7.9% YoY +7% vs US
2 Bedroom
National avg: $1,175
$1,153/mo
↑ 9.2% YoY -2% vs US
3 Bedroom
National avg: $1,525
$1,601/mo
↑ 8.5% YoY +5% vs US
4 Bedroom
National avg: $1,756
$1,934/mo
↑ 9.1% YoY +10% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $875 $972 +$97 (+11.1%)
1 Bedroom $951 $1,026 +$75 (+7.9%)
2 Bedroom $1,056 $1,153 +$97 (+9.2%)
3 Bedroom $1,476 $1,601 +$125 (+8.5%)
4 Bedroom $1,773 $1,934 +$161 (+9.1%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$41,040
$3,420/month gross
Required annual income for 2 BR
$46,120
$3,843/month gross

Other Counties in Iowa

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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.