The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Jones County, IA HUD Metro FMR Area, IA

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Jones County, IA HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $526 to a high of $642, with an average of $584.
One-bedroom: One-bedroom rental prices vary, with a minimum of $602, a maximum of $736, and an average of $669.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $776, peaking at a maximum of $948, and averaging at $862.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,030, a maximum of $1,258, and an average of $1,144.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,033 to a maximum of $1,263, with an average of $1,148.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Jones County, IA HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $526 $602 $776 $1,030 $1,033
Average Rent $584 $669 $862 $1,144 $1,148
High Rent(110%) $642 $736 $948 $1,258 $1,263
2023 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $479 $544 $716 $958 $961
Average Rent $532 $604 $795 $1,064 $1,068
High Rent (110%) $585 $664 $875 $1,170 $1,175
2022 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $442 $506 $665 $898 $902
Average Rent $491 $562 $739 $998 $1,002
High Rent(110%) $540 $618 $813 $1,098 $1,102
2021 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $425 $489 $644 $869 $873
Average Rent $472 $543 $715 $966 $970
High Rent (110%) $519 $597 $787 $1,063 $1,067
2020 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $403 $470 $618 $850 $892
Average Rent $448 $522 $687 $944 $991
High Rent(110%) $493 $574 $756 $1,038 $1,090
2019 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $384 $453 $599 $815 $915
Average Rent $427 $503 $665 $905 $1,017
High Rent (110%) $470 $553 $732 $996 $1,119
2018 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $375 $442 $588 $767 $905
Average Rent $417 $491 $653 $852 $1,005
High Rent(110%) $459 $540 $718 $937 $1,106
2017 Jones County, IA HUD Metro FMR Area, IA Low Rent (90%) $371 $439 $584 $771 $914
Average Rent $412 $488 $649 $857 $1,015
High Rent (110%) $453 $537 $714 $943 $1,117


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