FY2027 Small Area FMR · Waukon, IA
ZIP 52172 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 52172 (Waukon, IA) is $1,050 a month, up 6.1% from FY2026. That is 13% above the Allamakee 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 52172 sits in the Allamakee County, IA area
Of the 10 ZIP codes HUD lists for the area, 52172 has the 2nd highest two-bedroom Small Area FMR. Allamakee 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 $1,050 for this ZIP code instead.
ZIP code 52172 crosses more than one HUD area. HUD also lists it under Winneshiek 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 | $780 | $702 – $858 | $688 | $730 |
| 1 bedroom | $860 | $774 – $946 | $763 | $810 |
| 2 bedrooms | $1,050 | $945 – $1,155 | $927 | $990 |
| 3 bedrooms | $1,450 | $1,305 – $1,595 | $1,284 | $1,380 |
| 4 bedrooms | $1,670 | $1,503 – $1,837 | $1,475 | $1,510 |
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 $90,200 and the 80% low-income limit for four people is $75,300. ZIP code 52172 lies mainly in Allamakee County and Winneshiek County. See the Allamakee 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 52172?
HUD's FY2027 Small Area Fair Market Rents for 52172 are $780 (studio), $860 (1 BR), $1,050 (2 BR), $1,450 (3 BR) and $1,670 (4 BR) a month.
What is the Section 8 payment standard in 52172?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 52172 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 52172?
The FY2026 income limits of the Allamakee County, IA area apply: median family income $90,200, low-income (80%) limit $75,300 for a family of four.