Lower-FMR payment standards - Boone County, IA HUD Metro FMR Area
HUD FY2026 2-BR Fair Market Rent for Boone County, IA HUD Metro FMR Area is $1,026/month - 10th percentile of 396 published metro FMR areas (#40 cheapest→expensive) ; voucher vs ACS median: 3.6% above market ; FMR rows touch Boone County .
Geography note: HUD divides this CBSA into 2 separate Fair Market Rent areas, each with its own rent schedule. The amounts above are for Boone County, IA HUD Metro FMR Area only, not the whole metro.
Low-FMR rung around Boone County, IA HUD Metro FMR Area
Among the lower published 2-BR amounts nationally. Closest: Enid, OK MSA ($1,027), Bay City, MI MSA ($1,030), Flint, MI MSA ($1,033) .
Top-quartile contrast metros: Amherst Town-Northampton, MA MSA, Anchorage, AK HUD Metro FMR Area, Ann Arbor, MI MSA, Warren County, NJ HUD Metro FMR Area, Albany-Schenectady-Troy, NY MSA, Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area - use only for national scale, not local negotiation.
IA-state FMR neighbors for Boone County, IA HUD Metro FMR Area
Closest 2-BR amounts inside IA: Waterloo-Cedar Falls, IA HUD Metro FMR Area ($1,051); Dubuque, IA MSA ($1,077); Benton County, IA HUD Metro FMR Area ($956); Iowa City, IA HUD Metro FMR Area ($1,141); Davenport-Moline-Rock Island, IA-IL MSA ($1,143); Sioux City, IA-NE-SD MSA ($1,154); Des Moines-West Des Moines, IA HUD Metro FMR Area ($1,318) . Alphabetical “nearby” lists are intentionally not used here - amount proximity is the comparison that matters for payment standards.
What are the HUD FY2026 bedroom FMRs for Boone County, IA HUD Metro FMR Area?
| Size | HUD FMR |
|---|---|
| Studio | $783/mo |
| 1-BR | $788/mo |
| 2-BR | $1,026/mo |
| 3-BR | $1,427/mo |
| 4-BR | $1,500/mo |
Section 8 payment standard range for Boone County, IA HUD Metro FMR Area
HUD lets each Public Housing Authority set its payment standard between 90% and 110% of the published Fair Market Rent for the bedroom size served. These dollar amounts are derived from HUD FY2026 FMR for Boone County, IA HUD Metro FMR Area; your PHA may choose a figure inside this band. This is not a quote for a specific unit, availability, or waitlist status.
| Size | HUD FMR | 90% floor | 110% ceiling |
|---|---|---|---|
| Studio | $783/mo | $705/mo | $861/mo |
| 1-BR | $788/mo | $709/mo | $867/mo |
| 2-BR | $1,026/mo | $923/mo | $1,129/mo |
| 3-BR | $1,427/mo | $1,284/mo | $1,570/mo |
| 4-BR | $1,500/mo | $1,350/mo | $1,650/mo |
For a 2-bedroom in Boone County, IA HUD Metro FMR Area, the HUD reference rent is $1,026/month, so the lawful payment-standard band runs $923–$1,129/month before any tenant income share.
ACS median 2-BR rent $990/mo → 3.6% above market (covers market). Detail: gap analysis for Boone County, IA HUD Metro FMR Area.
IA agencies near this metro's scale key
Housing authorities in IA whose HCV caseload sits closest to a CBSA-stable scale target (not the statewide giants list - that list was identical across siblings):
- Iowa City Housing Authority
- Cedar Rapids Housing Services
- City of Sioux City Housing Authority
- Southern Iowa Regional Housing Authority
- City of Dubuque
- Waterloo Housing Authority
- Northwest Iowa Regional Housing Authority
- Eastern Iowa Regional Housing Authority
- Fort Dodge Municipal Housing Agency
- Central Iowa Regional Housing Authority
Full near-amount ladder
- Enid, OK MSA · $1,027
- Bay City, MI MSA · $1,030
- Flint, MI MSA · $1,033
- Johnstown, PA MSA · $1,035
- Montgomery, AL MSA · $1,016
- Ashtabula County, OH HUD Metro FMR Area · $1,037
- Peoria, IL MSA · $1,039
- Jonesboro, AR HUD Metro FMR Area · $1,040
- Callaway County, MO HUD Metro FMR Area · $1,042
- Las Cruces, NM MSA · $1,042
- Muncie, IN MSA · $1,043
- Murray County, GA HUD Metro FMR Area · $1,009
What to do with this FMR desk
Boone County, IA HUD FY2026 2-BR FMR is $1,026/mo; use the schedule as a source desk, not a lease quote.
- Open the voucher-vs-market gap board for this CBSA (3.6% above market). Metro gap page
- Confirm how PHAs may set payment standards at 90-110% of FMR, and why the two figures are not interchangeable. FMR vs payment standard
FMR is HUD's published Fair Market Rent for this FMR area. It is not a PHA payment standard, unit quote, eligibility result, or waitlist status. Confirm any leasing figure with the PHA that serves the unit.
Source: HUD USER Fair Market Rent (FY2026) ; Census ACS median gross rent. Confirm the live PHA figure before leasing. Methodology.
Verify with HUD → · Verify with U.S. Census Bureau → · Set a September HUD update reminder