FY2027 Small Area FMR · Arcadia, IA
ZIP 51430 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 51430 (Arcadia, IA) is $1,020 a month, up 3.0% from FY2026. That is 10% above the Carroll County, IA area-wide FMR of $927.
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 51430 sits in the Carroll County, IA area
Of the 20 ZIP codes HUD lists for the area, 51430 has the 2nd highest two-bedroom Small Area FMR. Carroll 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 $1,020 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $880 | $792 – $968 | $796 | $830 |
| 1 bedroom | $880 | $792 – $968 | $801 | $850 |
| 2 bedrooms | $1,020 | $918 – $1,122 | $927 | $990 |
| 3 bedrooms | $1,290 | $1,161 – $1,419 | $1,174 | $1,250 |
| 4 bedrooms | $1,360 | $1,224 – $1,496 | $1,239 | $1,310 |
A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $103,900 and the 80% low-income limit for four people is $83,100. ZIP code 51430 lies mainly in Carroll County. See the Carroll 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 51430?
HUD's FY2027 Small Area Fair Market Rents for 51430 are $880 (studio), $880 (1 BR), $1,020 (2 BR), $1,290 (3 BR) and $1,360 (4 BR) a month.
What is the Section 8 payment standard in 51430?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 51430 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 51430?
The FY2026 income limits of the Carroll County, IA area apply: median family income $103,900, low-income (80%) limit $83,100 for a family of four.