FY2027 Small Area FMR · Rock Falls, IA

ZIP 50467 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50467 (Rock Falls, IA) is $990 a month, down 3.9% from FY2026. That is 7% above the Cerro Gordo County, IA area-wide FMR of $927.

2-bedroom SAFMR$990per month ▼ 3.9%

Area-wide 2 BR FMR$927Cerro Gordo County, IA

Rank in the area5thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$790▼ 2.5%

1 BR$800▼ 1.2%

2 BR$990▼ 3.9%

3 BR$1,300▼ 2.3%

4 BR$1,590▲ 1.3%

FY2027 FY2026

Where 50467 sits in the Cerro Gordo County, IA area

Of the 18 ZIP codes HUD lists for the area, 50467 has the 5th highest two-bedroom Small Area FMR. Cerro Gordo 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 $927 for two bedrooms; an agency that opts in to Small Area FMRs would use $990 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	$790	$711 – $869	$744	$810
1 bedroom	$800	$720 – $880	$749	$810
2 bedrooms	$990	$891 – $1,089	$927	$1,030
3 bedrooms	$1,300	$1,170 – $1,430	$1,218	$1,330
4 bedrooms	$1,590	$1,431 – $1,749	$1,485	$1,570

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $97,400 and the 80% low-income limit for four people is $77,900. ZIP code 50467 lies mainly in Cerro Gordo County. See the Cerro Gordo County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50464	Plymouth	2.9 mi	$1,000
50458	Nora Springs	5.2 mi	$1,000
50401	Mason City	7.0 mi	$950
50440	Grafton	8.4 mi	$930
50456	Manly	8.5 mi	$930
50471	Rudd	11.0 mi	$1,110

Questions

What is the Fair Market Rent for ZIP code 50467?

HUD's FY2027 Small Area Fair Market Rents for 50467 are $790 (studio), $800 (1 BR), $990 (2 BR), $1,300 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 50467?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50467 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50467?

The FY2026 income limits of the Cerro Gordo County, IA area apply: median family income $97,400, low-income (80%) limit $77,900 for a family of four.