FY2027 Small Area FMR · Pacific Junction, IA
ZIP 51561 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 51561 (Pacific Junction, IA) is $1,190 a month, down 9.8% from FY2026. That is 18% below the Omaha-Council Bluffs, NE-IA area-wide FMR of $1,450.
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 51561 sits in the Omaha-Council Bluffs, NE-IA area
Of the 134 ZIP codes HUD lists for the area, 51561 has the 85th highest two-bedroom Small Area FMR. Omaha-Council Bluffs, NE-IA is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,071 and $1,309 for two bedrooms.
ZIP code 51561 crosses more than one HUD area. HUD also lists it under Fremont County, IA (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $950 | $855 – $1,045 | $1,167 | $1,050 |
| 1 bedroom | $1,000 | $900 – $1,100 | $1,219 | $1,110 |
| 2 bedrooms | $1,190 | $1,071 – $1,309 | $1,450 | $1,320 |
| 3 bedrooms | $1,580 | $1,422 – $1,738 | $1,924 | $1,750 |
| 4 bedrooms | $1,780 | $1,602 – $1,958 | $2,179 | $1,970 |
A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $114,000 and the 80% low-income limit for four people is $91,200. ZIP code 51561 lies mainly in Mills County. See the Omaha-Council Bluffs, NE-IA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 51561?
HUD's FY2027 Small Area Fair Market Rents for 51561 are $950 (studio), $1,000 (1 BR), $1,190 (2 BR), $1,580 (3 BR) and $1,780 (4 BR) a month.
What is the Section 8 payment standard in 51561?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 51561 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 51561?
The FY2026 income limits of the Omaha-Council Bluffs, NE-IA area apply: median family income $114,000, low-income (80%) limit $91,200 for a family of four.