Income Limits by County

FY2027 Small Area FMR · Hedrick, IA

ZIP 52563 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 52563 (Hedrick, IA) is $1,050 a month, up 2.9% from FY2026. That is 4% below the Jefferson County, IA area-wide FMR of $1,096.

2-bedroom SAFMR$1,050per month ▲ 2.9%
Area-wide 2 BR FMR$1,096Jefferson County, IA
Rank in the area6thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945
2 BR Small Area FMR$1,050
110% of SAFMR$1,155

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

FY2027 FY2026

Where 52563 sits in the Jefferson County, IA area

$980$1,300median $995

Of the 16 ZIP codes HUD lists for the area, 52563 has the 6th highest two-bedroom Small Area FMR. Jefferson 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 $1,096 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 for this ZIP code instead.

ZIP code 52563 crosses more than one HUD area. HUD also lists it under Keokuk County, IA (same figures) and Wapello County, IA (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$790$711 – $869$832$760
1 bedroom$830$747 – $913$838$810
2 bedrooms$1,050$945 – $1,155$1,096$1,020
3 bedrooms$1,310$1,179 – $1,441$1,306$1,280
4 bedrooms$1,400$1,260 – $1,540$1,440$1,370

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 $100,500 and the 80% low-income limit for four people is $80,400. ZIP code 52563 lies mainly in Keokuk County, Wapello County and Jefferson County. See the Jefferson County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
52568Martinsburg1.9 mi$930
52576Ollie9.5 mi$980
52561Fremont9.6 mi$970
52550Delta10.8 mi$1,080
52580Packwood10.9 mi$980
52591Sigourney11.3 mi$980

Questions

What is the Fair Market Rent for ZIP code 52563?

HUD's FY2027 Small Area Fair Market Rents for 52563 are $790 (studio), $830 (1 BR), $1,050 (2 BR), $1,310 (3 BR) and $1,400 (4 BR) a month.

What is the Section 8 payment standard in 52563?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 52563 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 52563?

The FY2026 income limits of the Jefferson County, IA area apply: median family income $100,500, low-income (80%) limit $80,400 for a family of four.