FY2027 Small Area FMR · Percival, IA

ZIP 51648 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 51648 (Percival, IA) is $1,240 a month, up 3.3% from FY2026. That is 34% above the Fremont County, IA area-wide FMR of $927.

2-bedroom SAFMR$1,240per month ▲ 3.3%

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

Rank in the area3rdof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,116

2 BR Small Area FMR$1,240

110% of SAFMR$1,364

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

Studio$920▲ 5.7%

1 BR$960▲ 3.2%

2 BR$1,240▲ 3.3%

3 BR$1,690▲ 3.0%

4 BR$1,750▼ 0.6%

FY2027 FY2026

Where 51648 sits in the Fremont County, IA area

Of the 13 ZIP codes HUD lists for the area, 51648 has the 3rd highest two-bedroom Small Area FMR. Fremont 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 $1,240 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	$920	$828 – $1,012	$688	$870
1 bedroom	$960	$864 – $1,056	$709	$930
2 bedrooms	$1,240	$1,116 – $1,364	$927	$1,200
3 bedrooms	$1,690	$1,521 – $1,859	$1,284	$1,640
4 bedrooms	$1,750	$1,575 – $1,925	$1,320	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,240 needs about $49,600 a year to keep housing costs at 30% of income. The area median family income is $96,200 and the 80% low-income limit for four people is $76,950. ZIP code 51648 lies mainly in Fremont County. See the Fremont County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
51654	Thurman	6.7 mi	$1,390
68455	Union	7.5 mi	$2,000
68410	Nebraska City	8.4 mi	$1,130
51652	Sidney	9.5 mi	$1,030
51640	Hamburg	11.0 mi	$930
51653	Tabor	11.4 mi	$1,190

Questions

What is the Fair Market Rent for ZIP code 51648?

HUD's FY2027 Small Area Fair Market Rents for 51648 are $920 (studio), $960 (1 BR), $1,240 (2 BR), $1,690 (3 BR) and $1,750 (4 BR) a month.

What is the Section 8 payment standard in 51648?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 51648 that range is $1,116 to $1,364 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 51648?

The FY2026 income limits of the Fremont County, IA area apply: median family income $96,200, low-income (80%) limit $76,950 for a family of four.