FY2027 Small Area FMR · Chatsworth, IA
ZIP 51011 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 51011 (Chatsworth, IA) is $930 a month, up 1.1% from FY2026. That is 7% below the Sioux County, IA area-wide FMR of $1,000.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 51011 sits in the Sioux County, IA area
Of the 20 ZIP codes HUD lists for the area, 51011 has the 15th highest two-bedroom Small Area FMR. Sioux 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 $1,000 for two bedrooms; an agency that opts in to Small Area FMRs would use $930 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $690 | $621 – $759 | $741 | $700 |
| 1 bedroom | $710 | $639 – $781 | $764 | $700 |
| 2 bedrooms | $930 | $837 – $1,023 | $1,000 | $920 |
| 3 bedrooms | $1,190 | $1,071 – $1,309 | $1,279 | $1,180 |
| 4 bedrooms | $1,260 | $1,134 – $1,386 | $1,361 | $1,280 |
A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 a year to keep housing costs at 30% of income. The area median family income is $109,800 and the 80% low-income limit for four people is $87,850. ZIP code 51011 lies mainly in Sioux County. See the Sioux County, IA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 51011?
HUD's FY2027 Small Area Fair Market Rents for 51011 are $690 (studio), $710 (1 BR), $930 (2 BR), $1,190 (3 BR) and $1,260 (4 BR) a month.
What is the Section 8 payment standard in 51011?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 51011 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 51011?
The FY2026 income limits of the Sioux County, IA area apply: median family income $109,800, low-income (80%) limit $87,850 for a family of four.