FY2027 Small Area FMR · Millersburg, IA

ZIP 52308 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 52308 (Millersburg, IA) is $930 a month, up 1.1% from FY2026. That is 0% equal to the Iowa County, IA area-wide FMR of $927.

2-bedroom SAFMR$930per month ▲ 1.1%

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

Rank in the area18thof 22 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$770▲ 8.5%

2 BR$930▲ 1.1%

3 BR$1,280■ 0.0%

4 BR$1,550▲ 6.9%

FY2027 FY2026

Where 52308 sits in the Iowa County, IA area

Of the 22 ZIP codes HUD lists for the area, 52308 has the 18th highest two-bedroom Small Area FMR. Iowa 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	$770	$693 – $847	$770	$710
2 bedrooms	$930	$837 – $1,023	$927	$920
3 bedrooms	$1,280	$1,152 – $1,408	$1,284	$1,280
4 bedrooms	$1,550	$1,395 – $1,705	$1,549	$1,450

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 $101,700 and the 80% low-income limit for four people is $81,350. ZIP code 52308 lies mainly in Iowa County. See the Iowa County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
52316	North English	3.8 mi	$930
52355	Webster	7.9 mi	$960
52361	Williamsburg	8.5 mi	$940
52335	South English	9.0 mi	$940
52222	Deep River	9.4 mi	$1,070
50136	Keswick	9.9 mi	$1,120

Questions

What is the Fair Market Rent for ZIP code 52308?

HUD's FY2027 Small Area Fair Market Rents for 52308 are $690 (studio), $770 (1 BR), $930 (2 BR), $1,280 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 52308?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 52308 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 52308?

The FY2026 income limits of the Iowa County, IA area apply: median family income $101,700, low-income (80%) limit $81,350 for a family of four.