FY2027 Small Area FMR · Climbing Hill, IA

ZIP 51015 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 51015 (Climbing Hill, IA) is $1,050 a month, unchanged from FY2026. That is 12% below the Sioux City, IA-NE-SD area-wide FMR of $1,194.

2-bedroom SAFMR$1,050per month ■ 0.0%

Area-wide 2 BR FMR$1,194Sioux City, IA-NE-SD

Rank in the area23rdof 46 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$730▲ 1.4%

1 BR$840▲ 1.2%

2 BR$1,050■ 0.0%

3 BR$1,270▲ 1.6%

4 BR$1,430▲ 2.9%

FY2027 FY2026

Where 51015 sits in the Sioux City, IA-NE-SD area

Of the 46 ZIP codes HUD lists for the area, 51015 has the 23rd highest two-bedroom Small Area FMR. Sioux City, IA-NE-SD 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 $1,194 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 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	$730	$657 – $803	$831	$720
1 bedroom	$840	$756 – $924	$965	$830
2 bedrooms	$1,050	$945 – $1,155	$1,194	$1,050
3 bedrooms	$1,270	$1,143 – $1,397	$1,447	$1,250
4 bedrooms	$1,430	$1,287 – $1,573	$1,618	$1,390

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $97,900 and the 80% low-income limit for four people is $78,300. ZIP code 51015 lies mainly in Woodbury County. See the Sioux City, IA-NE-SD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
51026	Hornick	6.3 mi	$1,050
51007	Bronson	6.5 mi	$1,140
51039	Moville	7.5 mi	$1,060
51004	Anthon	9.0 mi	$1,320
51044	Oto	9.1 mi	$1,160
51052	Salix	9.5 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 51015?

HUD's FY2027 Small Area Fair Market Rents for 51015 are $730 (studio), $840 (1 BR), $1,050 (2 BR), $1,270 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 51015?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 51015 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 51015?

The FY2026 income limits of the Sioux City, IA-NE-SD area apply: median family income $97,900, low-income (80%) limit $78,300 for a family of four.