FY2027 Small Area FMR · Ferguson, IA

ZIP 50078 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50078 (Ferguson, IA) is $940 a month, down 1.1% from FY2026. That is 0% equal to the Marshall County, IA area-wide FMR of $940.

2-bedroom SAFMR$940per month ▼ 1.1%

Area-wide 2 BR FMR$940Marshall County, IA

Rank in the area15thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846

2 BR Small Area FMR$940

110% of SAFMR$1,034

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$700■ 0.0%

1 BR$720■ 0.0%

2 BR$940▼ 1.1%

3 BR$1,220▼ 2.4%

4 BR$1,240▼ 1.6%

FY2027 FY2026

Where 50078 sits in the Marshall County, IA area

Of the 22 ZIP codes HUD lists for the area, 50078 has the 15th highest two-bedroom Small Area FMR. Marshall County, IA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $940 for two bedrooms; an agency that opts in to Small Area FMRs would use $940 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$700	$630 – $770	$698	$700
1 bedroom	$720	$648 – $792	$719	$720
2 bedrooms	$940	$846 – $1,034	$940	$950
3 bedrooms	$1,220	$1,098 – $1,342	$1,231	$1,250
4 bedrooms	$1,240	$1,116 – $1,364	$1,235	$1,260

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $92,100 and the 80% low-income limit for four people is $75,300. ZIP code 50078 lies mainly in Marshall County. See the Marshall County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50106	Gilman	4.9 mi	$930
50120	Haverhill	6.2 mi	$1,160
50142	Le Grand	6.5 mi	$930
50141	Laurel	6.6 mi	$1,040
50173	Montour	7.9 mi	$1,190
50158	Marshalltown	7.9 mi	$940

Questions

What is the Fair Market Rent for ZIP code 50078?

HUD's FY2027 Small Area Fair Market Rents for 50078 are $700 (studio), $720 (1 BR), $940 (2 BR), $1,220 (3 BR) and $1,240 (4 BR) a month.

What is the Section 8 payment standard in 50078?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50078 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50078?

The FY2026 income limits of the Marshall County, IA area apply: median family income $92,100, low-income (80%) limit $75,300 for a family of four.