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

Hardin County, IA, 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 Hardin County, IA, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $567 to a high of $693, with an average of $630.
One-bedroom: One-bedroom rental prices vary, with a minimum of $590, a maximum of $722, and an average of $656.
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 $1,022, a maximum of $1,249, and an average of $1,135.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,136 to a maximum of $1,388, with an average of $1,262.

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 Hardin County, IA 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 Hardin County, IA, IA Low Rent (90%) $567 $590 $776 $1,022 $1,136
Average Rent $630 $656 $862 $1,135 $1,262
High Rent(110%) $693 $722 $948 $1,249 $1,388
2023 Hardin County, IA, IA Low Rent (90%) $523 $544 $716 $951 $1,017
Average Rent $581 $604 $795 $1,057 $1,130
High Rent (110%) $639 $664 $875 $1,163 $1,243
2022 Hardin County, IA, IA Low Rent (90%) $481 $506 $665 $892 $915
Average Rent $534 $562 $739 $991 $1,017
High Rent(110%) $587 $618 $813 $1,090 $1,119
2021 Hardin County, IA, IA Low Rent (90%) $467 $489 $644 $886 $903
Average Rent $519 $543 $715 $984 $1,003
High Rent (110%) $571 $597 $787 $1,082 $1,103
2020 Hardin County, IA, IA Low Rent (90%) $447 $470 $618 $876 $886
Average Rent $497 $522 $687 $973 $984
High Rent(110%) $547 $574 $756 $1,070 $1,082
2019 Hardin County, IA, IA Low Rent (90%) $433 $452 $598 $862 $955
Average Rent $481 $502 $664 $958 $1,061
High Rent (110%) $529 $552 $730 $1,054 $1,167
2018 Hardin County, IA, IA Low Rent (90%) $419 $440 $585 $842 $981
Average Rent $465 $489 $650 $935 $1,090
High Rent(110%) $512 $538 $715 $1,029 $1,199
2017 Hardin County, IA, IA Low Rent (90%) $403 $427 $567 $795 $980
Average Rent $448 $474 $630 $883 $1,089
High Rent (110%) $493 $521 $693 $971 $1,198


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