FY2027 Small Area FMR · Morley, IA

ZIP 52312 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 52312 (Morley, IA) is $1,130 a month, up 1.8% from FY2026. That is 22% above the Jones County, IA area-wide FMR of $927.

2-bedroom SAFMR$1,130per month ▲ 1.8%

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

Rank in the area3rdof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$780▲ 2.6%

1 BR$890▲ 3.5%

2 BR$1,130▲ 1.8%

3 BR$1,480▲ 1.4%

4 BR$1,500▲ 1.4%

FY2027 FY2026

Where 52312 sits in the Jones County, IA area

Of the 19 ZIP codes HUD lists for the area, 52312 has the 3rd highest two-bedroom Small Area FMR. Jones 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 $1,130 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	$780	$702 – $858	$646	$760
1 bedroom	$890	$801 – $979	$734	$860
2 bedrooms	$1,130	$1,017 – $1,243	$927	$1,110
3 bedrooms	$1,480	$1,332 – $1,628	$1,214	$1,460
4 bedrooms	$1,500	$1,350 – $1,650	$1,218	$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $97,700 and the 80% low-income limit for four people is $78,150. ZIP code 52312 lies mainly in Jones County. See the Jones County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
52305	Martelle	4.9 mi	$970
52320	Olin	5.0 mi	$1,080
52205	Anamosa	8.1 mi	$1,130
52306	Mechanicsville	8.2 mi	$1,230
52253	Lisbon	9.4 mi	$1,030
52337	Stanwood	10.2 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 52312?

HUD's FY2027 Small Area Fair Market Rents for 52312 are $780 (studio), $890 (1 BR), $1,130 (2 BR), $1,480 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 52312?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 52312 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 52312?

The FY2026 income limits of the Jones County, IA area apply: median family income $97,700, low-income (80%) limit $78,150 for a family of four.