FY2027 Small Area FMR · Tingley, IA

ZIP 50863 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 50863 (Tingley, IA) is $1,040 a month, up 13.0% from FY2026. That is 12% above the Ringgold County, IA area-wide FMR of $927.

2-bedroom SAFMR$1,040per month ▲ 13.0%

Area-wide 2 BR FMR$927Ringgold County, IA

Rank in the area4thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$750▲ 10.3%

1 BR$800▲ 6.7%

2 BR$1,040▲ 13.0%

3 BR$1,310▲ 15.9%

4 BR$1,380▲ 12.2%

FY2027 FY2026

Where 50863 sits in the Ringgold County, IA area

Of the 12 ZIP codes HUD lists for the area, 50863 has the 4th highest two-bedroom Small Area FMR. Ringgold 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 $1,040 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	$750	$675 – $825	$688	$680
1 bedroom	$800	$720 – $880	$725	$750
2 bedrooms	$1,040	$936 – $1,144	$927	$920
3 bedrooms	$1,310	$1,179 – $1,441	$1,151	$1,130
4 bedrooms	$1,380	$1,242 – $1,518	$1,251	$1,230

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $95,500 and the 80% low-income limit for four people is $76,400. ZIP code 50863 lies mainly in Ringgold County. See the Ringgold County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
50074	Ellston	5.1 mi	$950
50861	Shannon City	5.9 mi	$1,150
50831	Arispe	6.2 mi	$930
50845	Diagonal	9.3 mi	$1,070
50133	Kellerton	10.8 mi	$930
50254	Thayer	11.2 mi	$950

Questions

What is the Fair Market Rent for ZIP code 50863?

HUD's FY2027 Small Area Fair Market Rents for 50863 are $750 (studio), $800 (1 BR), $1,040 (2 BR), $1,310 (3 BR) and $1,380 (4 BR) a month.

What is the Section 8 payment standard in 50863?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 50863 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 50863?

The FY2026 income limits of the Ringgold County, IA area apply: median family income $95,500, low-income (80%) limit $76,400 for a family of four.