FY2027 Small Area FMR · Montrose, IA

ZIP 52639 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 52639 (Montrose, IA) is $950 a month, up 3.3% from FY2026. That is 3% below the Lee County, IA area-wide FMR of $976.

2-bedroom SAFMR$950per month ▲ 3.3%

Area-wide 2 BR FMR$976Lee County, IA

Rank in the area9thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$855

2 BR Small Area FMR$950

110% of SAFMR$1,045

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

Studio$660▲ 4.8%

1 BR$730▲ 4.3%

2 BR$950▲ 3.3%

3 BR$1,260▲ 4.1%

4 BR$1,410▲ 11.0%

FY2027 FY2026

Where 52639 sits in the Lee County, IA area

Of the 14 ZIP codes HUD lists for the area, 52639 has the 9th highest two-bedroom Small Area FMR. Lee 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 $976 for two bedrooms; an agency that opts in to Small Area FMRs would use $950 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	$660	$594 – $726	$680	$630
1 bedroom	$730	$657 – $803	$746	$700
2 bedrooms	$950	$855 – $1,045	$976	$920
3 bedrooms	$1,260	$1,134 – $1,386	$1,295	$1,210
4 bedrooms	$1,410	$1,269 – $1,551	$1,448	$1,270

A household renting a two-bedroom home at the Small Area FMR of $950 needs about $38,000 a year to keep housing costs at 30% of income. The area median family income is $84,700 and the 80% low-income limit for four people is $75,300. ZIP code 52639 lies mainly in Lee County. See the Lee County, IA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
52619	Argyle	5.5 mi	$950
62354	Nauvoo	6.0 mi	$970
52632	Keokuk	7.0 mi	$980
52625	Donnellson	10.7 mi	$930
63430	Alexandria	10.7 mi	$970
52627	Fort Madison	10.9 mi	$980

Questions

What is the Fair Market Rent for ZIP code 52639?

HUD's FY2027 Small Area Fair Market Rents for 52639 are $660 (studio), $730 (1 BR), $950 (2 BR), $1,260 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 52639?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 52639 that range is $855 to $1,045 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 52639?

The FY2026 income limits of the Lee County, IA area apply: median family income $84,700, low-income (80%) limit $75,300 for a family of four.