FY2027 Small Area FMR · Montezuma, IA

ZIP 50171 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50171 (Montezuma, IA) is $1,010 a month, down 2.9% from FY2026. That is 0% equal to the Poweshiek County, IA area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▼ 2.9%

Area-wide 2 BR FMR$1,014Poweshiek County, IA

Rank in the area4thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$730▼ 5.2%

1 BR$850▼ 5.6%

2 BR$1,010▼ 2.9%

3 BR$1,400▲ 2.2%

4 BR$1,430▲ 3.6%

FY2027 FY2026

Where 50171 sits in the Poweshiek County, IA area

Of the 17 ZIP codes HUD lists for the area, 50171 has the 4th highest two-bedroom Small Area FMR. Poweshiek 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$730	$657 – $803	$729	$770
1 bedroom	$850	$765 – $935	$854	$900
2 bedrooms	$1,010	$909 – $1,111	$1,014	$1,040
3 bedrooms	$1,400	$1,260 – $1,540	$1,403	$1,370
4 bedrooms	$1,430	$1,287 – $1,573	$1,433	$1,380

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $97,000 and the 80% low-income limit for four people is $77,600. ZIP code 50171 lies mainly in Poweshiek County and Mahaska County. See the Poweshiek County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50027	Barnes City	7.7 mi	$930
50242	Searsboro	8.9 mi	$990
52222	Deep River	9.6 mi	$1,070
50104	Gibson	9.9 mi	$990
52221	Guernsey	10.7 mi	$1,210
50157	Malcom	10.8 mi	$930

Questions

What is the Fair Market Rent for ZIP code 50171?

HUD's FY2027 Small Area Fair Market Rents for 50171 are $730 (studio), $850 (1 BR), $1,010 (2 BR), $1,400 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 50171?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50171 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50171?

The FY2026 income limits of the Poweshiek County, IA area apply: median family income $97,000, low-income (80%) limit $77,600 for a family of four.