FY2027 Small Area FMR · Truesdale, IA

ZIP 50592 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50592 (Truesdale, IA) is $1,320 a month, up 30.7% from FY2026. That is 28% above the Buena Vista County, IA area-wide FMR of $1,031.

2-bedroom SAFMR$1,320per month ▲ 30.7%

Area-wide 2 BR FMR$1,031Buena Vista County, IA

Rank in the area2ndof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,188

2 BR Small Area FMR$1,320

110% of SAFMR$1,452

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

Studio$1,000▲ 29.9%

1 BR$1,010▲ 31.2%

2 BR$1,320▲ 30.7%

3 BR$1,640▲ 32.3%

4 BR$1,730▲ 29.1%

FY2027 FY2026

Where 50592 sits in the Buena Vista County, IA area

Of the 17 ZIP codes HUD lists for the area, 50592 has the 2nd highest two-bedroom Small Area FMR. Buena Vista 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 $1,031 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,320 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	$1,000	$900 – $1,100	$781	$770
1 bedroom	$1,010	$909 – $1,111	$788	$770
2 bedrooms	$1,320	$1,188 – $1,452	$1,031	$1,010
3 bedrooms	$1,640	$1,476 – $1,804	$1,284	$1,240
4 bedrooms	$1,730	$1,557 – $1,903	$1,355	$1,340

A household renting a two-bedroom home at the Small Area FMR of $1,320 needs about $52,800 a year to keep housing costs at 30% of income. The area median family income is $96,900 and the 80% low-income limit for four people is $77,500. ZIP code 50592 lies mainly in Buena Vista County. See the Buena Vista County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50588	Storm Lake	5.1 mi	$1,030
50576	Rembrandt	5.3 mi	$1,070
51002	Alta	7.3 mi	$1,110
50510	Albert City	10.4 mi	$950
51005	Aurelia	11.8 mi	$960
50568	Newell	12.3 mi	$930

Questions

What is the Fair Market Rent for ZIP code 50592?

HUD's FY2027 Small Area Fair Market Rents for 50592 are $1,000 (studio), $1,010 (1 BR), $1,320 (2 BR), $1,640 (3 BR) and $1,730 (4 BR) a month.

What is the Section 8 payment standard in 50592?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50592 that range is $1,188 to $1,452 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50592?

The FY2026 income limits of the Buena Vista County, IA area apply: median family income $96,900, low-income (80%) limit $77,500 for a family of four.