PlainRent

Wapello County

FY 2026 HUD Fair Market Rents in Iowa. Population: 35,292.

Fair Market Rents (2026)

Studio
National avg: $893
$793/mo
↑ 5.7% YoY -11% vs US
1 Bedroom
National avg: $959
$814/mo
↑ 4.9% YoY -15% vs US
2 Bedroom
National avg: $1,175
$1,068/mo
↑ 4.9% YoY -9% vs US
3 Bedroom
National avg: $1,525
$1,354/mo
↑ 6.5% YoY -11% vs US
4 Bedroom
National avg: $1,756
$1,468/mo
↑ 0.1% YoY -16% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $750 $793 +$43 (+5.7%)
1 Bedroom $776 $814 +$38 (+4.9%)
2 Bedroom $1,018 $1,068 +$50 (+4.9%)
3 Bedroom $1,271 $1,354 +$83 (+6.5%)
4 Bedroom $1,467 $1,468 +$1 (+0.1%)

Affordability Snapshot

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

Required annual income for 1 BR
$32,560
$2,713/month gross
Required annual income for 2 BR
$42,720
$3,560/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.