FY2027 Small Area FMR · Ridgeway, IA

ZIP 52165 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 52165 (Ridgeway, IA) is $930 a month, up 1.1% from FY2026. That is 0% equal to the Winneshiek County, IA area-wide FMR of $927.

2-bedroom SAFMR$930per month ▲ 1.1%

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

Rank in the area8thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837

2 BR Small Area FMR$930

110% of SAFMR$1,023

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

Studio$690▲ 1.5%

1 BR$710▲ 1.4%

2 BR$930▲ 1.1%

3 BR$1,210■ 0.0%

4 BR$1,220■ 0.0%

FY2027 FY2026

Where 52165 sits in the Winneshiek County, IA area

Of the 12 ZIP codes HUD lists for the area, 52165 has the 8th highest two-bedroom Small Area FMR. Winneshiek 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 $930 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	$690	$621 – $759	$688	$680
1 bedroom	$710	$639 – $781	$710	$700
2 bedrooms	$930	$837 – $1,023	$927	$920
3 bedrooms	$1,210	$1,089 – $1,331	$1,214	$1,210
4 bedrooms	$1,220	$1,098 – $1,342	$1,218	$1,220

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 $106,100 and the 80% low-income limit for four people is $84,900. ZIP code 52165 lies mainly in Winneshiek County. See the Winneshiek County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
52168	Spillville	7.4 mi	$1,040
52136	Cresco	7.4 mi	$970
52132	Calmar	7.5 mi	$930
52163	Protivin	8.2 mi	$930
52144	Fort Atkinson	11.8 mi	$1,280
52101	Decorah	11.9 mi	$940

Questions

What is the Fair Market Rent for ZIP code 52165?

HUD's FY2027 Small Area Fair Market Rents for 52165 are $690 (studio), $710 (1 BR), $930 (2 BR), $1,210 (3 BR) and $1,220 (4 BR) a month.

What is the Section 8 payment standard in 52165?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 52165 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 52165?

The FY2026 income limits of the Winneshiek County, IA area apply: median family income $106,100, low-income (80%) limit $84,900 for a family of four.