FY2027 Small Area FMR · Stout, IA

ZIP 50673 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50673 (Stout, IA) is $1,000 a month, down 9.9% from FY2026. That is 9% below the Waterloo-Cedar Falls, IA area-wide FMR of $1,096.

2-bedroom SAFMR$1,000per month ▼ 9.9%

Area-wide 2 BR FMR$1,096Waterloo-Cedar Falls, IA

Rank in the area16thof 37 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$710▼ 7.8%

1 BR$770▼ 9.4%

2 BR$1,000▼ 9.9%

3 BR$1,290▼ 9.8%

4 BR$1,680▼ 9.7%

FY2027 FY2026

Where 50673 sits in the Waterloo-Cedar Falls, IA area

Of the 37 ZIP codes HUD lists for the area, 50673 has the 16th highest two-bedroom Small Area FMR. Waterloo-Cedar Falls, 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 $1,096 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 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	$710	$639 – $781	$763	$770
1 bedroom	$770	$693 – $847	$838	$850
2 bedrooms	$1,000	$900 – $1,100	$1,096	$1,110
3 bedrooms	$1,290	$1,161 – $1,419	$1,401	$1,430
4 bedrooms	$1,680	$1,512 – $1,848	$1,832	$1,860

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $91,000 and the 80% low-income limit for four people is $75,300. ZIP code 50673 lies mainly in Grundy County. See the Waterloo-Cedar Falls, IA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50624	Dike	4.8 mi	$950
50665	Parkersburg	4.9 mi	$970
50660	New Hartford	5.7 mi	$1,040
50642	Holland	8.0 mi	$1,260
50604	Aplington	10.8 mi	$950
50613	Cedar Falls	11.5 mi	$1,310

Questions

What is the Fair Market Rent for ZIP code 50673?

HUD's FY2027 Small Area Fair Market Rents for 50673 are $710 (studio), $770 (1 BR), $1,000 (2 BR), $1,290 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 50673?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50673 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50673?

The FY2026 income limits of the Waterloo-Cedar Falls, IA area apply: median family income $91,000, low-income (80%) limit $75,300 for a family of four.