FY2027 Small Area FMR · Ledyard, IA

ZIP 50556 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50556 (Ledyard, IA) is $990 a month, up 3.1% from FY2026. That is 4% above the Kossuth County, IA area-wide FMR of $954.

2-bedroom SAFMR$990per month ▲ 3.1%

Area-wide 2 BR FMR$954Kossuth County, IA

Rank in the area6thof 22 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$720▲ 4.3%

1 BR$840▲ 12.0%

2 BR$990▲ 3.1%

3 BR$1,240▲ 3.3%

4 BR$1,320▲ 2.3%

FY2027 FY2026

Where 50556 sits in the Kossuth County, IA area

Of the 22 ZIP codes HUD lists for the area, 50556 has the 6th highest two-bedroom Small Area FMR. Kossuth 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 $954 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	$720	$648 – $792	$709	$690
1 bedroom	$840	$756 – $924	$811	$750
2 bedrooms	$990	$891 – $1,089	$954	$960
3 bedrooms	$1,240	$1,116 – $1,364	$1,137	$1,200
4 bedrooms	$1,320	$1,188 – $1,452	$1,254	$1,290

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 $96,300 and the 80% low-income limit for four people is $77,050. ZIP code 50556 lies mainly in Kossuth County. See the Kossuth County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56027	Elmore	5.8 mi	$1,100
50590	Swea City	6.8 mi	$930
50451	Lakota	7.9 mi	$940
50517	Bancroft	10.5 mi	$930
56013	Blue Earth	12.3 mi	$1,070
50424	Buffalo Center	13.8 mi	$930

Questions

What is the Fair Market Rent for ZIP code 50556?

HUD's FY2027 Small Area Fair Market Rents for 50556 are $720 (studio), $840 (1 BR), $990 (2 BR), $1,240 (3 BR) and $1,320 (4 BR) a month.

What is the Section 8 payment standard in 50556?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50556 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 50556?

The FY2026 income limits of the Kossuth County, IA area apply: median family income $96,300, low-income (80%) limit $77,050 for a family of four.