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

Jasper County, IA, IA

In the year 2021, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Jasper County, IA, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $502 to a high of $614, with an average of $558.
One-bedroom: One-bedroom rental prices vary, with a minimum of $525, a maximum of $641, and an average of $583.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $691, peaking at a maximum of $845, and averaging at $768.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $943, a maximum of $1,153, and an average of $1,048.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,085 to a maximum of $1,327, with an average of $1,206.

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 Jasper 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
2021 Jasper County, IA, IA Low Rent (90%) $502 $525 $691 $943 $1,085
Average Rent $558 $583 $768 $1,048 $1,206
High Rent(110%) $614 $641 $845 $1,153 $1,327
2020 Jasper County, IA, IA Low Rent (90%) $461 $497 $654 $911 $1,034
Average Rent $512 $552 $727 $1,012 $1,149
High Rent (110%) $563 $607 $800 $1,113 $1,264
2019 Jasper County, IA, IA Low Rent (90%) $442 $484 $640 $874 $1,002
Average Rent $491 $538 $711 $971 $1,113
High Rent(110%) $540 $592 $782 $1,068 $1,224
2018 Jasper County, IA, IA Low Rent (90%) $419 $463 $615 $831 $952
Average Rent $466 $514 $683 $923 $1,058
High Rent (110%) $513 $565 $751 $1,015 $1,164
2017 Jasper County, IA, IA Low Rent (90%) $392 $465 $617 $788 $935
Average Rent $435 $517 $685 $875 $1,039
High Rent(110%) $479 $569 $754 $963 $1,143


Discover Section 8 FMR in Jasper County, IA by zip code