HUD FY2026 · ACS 2019–2023 covers market below-median

Lower-half FMR gap - Iowa City, IA HUD Metro FMR Area

Displayed gap in Iowa City, IA HUD Metro FMR Area: +7.2% (HUD $1,141 vs ACS $1,064) · counties in FMR rows: Johnson County .

FMR gap dispatch plate

CBSA 26980 · Iowa City, IA -7.2% shortfall

GAP-COVERS · FMR-BELOW · SPREAD-PLUS · PHOTO-FINISH · COUNTY-SPARSE · BOOK-FULL

  • GAP-COVERS 7.2% cushion
  • FMR-BELOW #106/396 · P27
  • SPREAD-PLUS +$77
  • PHOTO-FINISH Amarillo
  • COUNTY-SPARSE 1 county
  • BOOK-FULL HUD+ACS pair

Nearest shortfall peer: Amarillo, TX Metro Area (-0.0pp)

Coverage is positive but not extreme. Bedroom mix and ZIP still dominate, pull the FY2026 bedroom table before comparing peers.

Instrument codes from this metro’s HUD FMR vs ACS shortfall band, national FMR quartile, dollar spread, gap peer, county footprint, and book completeness, not a moving recommendation.

Shortfall neighbourhood around Iowa City, IA

Metros nearest this CBSA on voucher-vs-market shortfall (HUD FMR vs ACS 2-BR median). Full ladder: /gap/.

% shortfall
Source HUD USER FMR + Census ACS median gross rent As of 2026-08-25

How does Iowa City, IA compare with nearby FMR areas?

These are the twelve metros closest to Iowa City, IA on the displayed voucher-vs-market margin. Their county lists are HUD FMR-area coverage, not a claim that the markets are interchangeable.

  1. Amarillo, TX Metro Area

    -7.3% shortfall · HUD $1,106 vs ACS $1,031 · $+$75/mo

    HUD FMR-area counties: Armstrong County, Carson County, Potter County, Randall County.

  2. Flint, MI Metro Area

    -7.2% shortfall · HUD $1,033 vs ACS $964 · $+$69/mo

    HUD FMR-area counties: Genesee County.

  3. Blacksburg-Christiansburg-Radford, VA Metro Area

    -7.0% shortfall · HUD $1,094 vs ACS $1,022 · $+$72/mo

    HUD FMR-area counties: Floyd County.

  4. Lincoln, NE Metro Area

    -7.5% shortfall · HUD $1,141 vs ACS $1,061 · $+$80/mo

    HUD FMR-area counties: Lancaster County.

  5. Traverse City, MI Metro Area

    -6.9% shortfall · HUD $1,224 vs ACS $1,145 · $+$79/mo

    HUD FMR-area counties: Benzie County.

  6. Fort Collins-Loveland, CO Metro Area

    -7.6% shortfall · HUD $1,732 vs ACS $1,609 · $+$123/mo

    HUD FMR-area counties: Larimer County.

  7. Manhattan, KS Metro Area

    -6.8% shortfall · HUD $1,048 vs ACS $981 · $+$67/mo

    HUD FMR-area counties: Geary County.

  8. Arecibo, PR Metro Area

    -7.8% shortfall · HUD $510 vs ACS $473 · $+$37/mo

  9. Austin-Round Rock-San Marcos, TX Metro Area

    -7.9% shortfall · HUD $1,852 vs ACS $1,717 · $+$135/mo

    HUD FMR-area counties: Bastrop County, Caldwell County, Hays County, Travis County, Williamson County.

  10. Kalamazoo-Portage, MI Metro Area

    -6.5% shortfall · HUD $1,162 vs ACS $1,091 · $+$71/mo

    HUD FMR-area counties: Kalamazoo County.

  11. Peoria, IL Metro Area

    -8.2% shortfall · HUD $1,039 vs ACS $960 · $+$79/mo

    HUD FMR-area counties: Marshall County, Peoria County, Stark County, Tazewell County, Woodford County.

  12. Champaign-Urbana, IL Metro Area

    -8.3% shortfall · HUD $1,122 vs ACS $1,036 · $+$86/mo

    HUD FMR-area counties: Champaign County, Piatt County.

Source: HUD USER FY2026 Fair Market Rent area records and Census ACS 2019–2023 median gross rent.

IA FMR scale context

These are the closest FY2026 2-BR FMR values in IA; they help place this HUD reference on its state scale, but do not substitute for each metro’s ACS rent comparison.

  1. Davenport-Moline-Rock Island, IA-IL MSA $1,143 (+$2)
  2. Sioux City, IA-NE-SD MSA $1,154 (+$13)
  3. Dubuque, IA MSA $1,077 (−$64)
  4. Waterloo-Cedar Falls, IA HUD Metro FMR Area $1,051 (−$90)
  5. Boone County, IA HUD Metro FMR Area $1,026 (−$115)
  6. Des Moines-West Des Moines, IA HUD Metro FMR Area $1,318 (+$177)
  7. Benton County, IA HUD Metro FMR Area $956 (−$185)

High-FMR contrast (scale only)

Ithaca, NY MSA ($1,753 2-BR); Kalawao County, HI HUD Metro FMR Area ($2,492 2-BR); Beaufort County, SC HUD Metro FMR Area ($1,816 2-BR); Broadwater County, MT HUD Metro FMR Area ($1,748 2-BR) . Opposite-quartile FMR metros for scale, not gap substitutes for Iowa City, IA HUD Metro FMR Area.

Iowa City, IA HUD Metro FMR Area gap inputs

  • HUD 2-BR FMR (FY2026): $1,141/mo
  • ACS 2019–2023 2-BR median: $1,064/mo
  • Displayed gap: +7.2%
  • National FMR percentile: 27 (#106/396)

displayed % = (HUD 2-BR − ACS 2-BR median) / ACS median × 100

Issuing PHAs for Iowa City, IA HUD Metro FMR Area

IA HCV agencies (scale-keyed)

Full payment standards for Iowa City, IA HUD Metro FMR Area · Payment standards vs FMR

Source: HUD USER Fair Market Rent FY2026, Census ACS median gross rent. Gap is PlainVoucher-derived. Methodology.

Disclaimer. For informational purposes only, not a substitute for PHA counseling or legal advice. Median gross rent reflects rents paid by current tenants; asking rents for available units typically run higher. Actual PHA payment standards can differ from HUD FMR by ±10%. Always confirm the current payment standard with your PHA. PlainVoucher is not affiliated with HUD or any PHA.

Verify with HUD → · Verify with U.S. Census Bureau →

Source and method. PlainVoucher compiles public HUD and U.S. Census release data into a searchable reference. Release periods and source boundaries are identified on each data surface; PlainVoucher does not determine eligibility, waitlist status, payment standards, or local PHA rules. Read our editorial standards and corrections policy, methodology, or report a data error. Data current as of 2026-08-25.