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

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

Efficiency:The efficiency rental rates range from a low of $577 to a high of $705, with an average of $641.
One-bedroom: One-bedroom rental prices vary, with a minimum of $637, a maximum of $779, and an average of $708.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $789, peaking at a maximum of $965, and averaging at $877.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $991, a maximum of $1,211, and an average of $1,101.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,051 to a maximum of $1,285, with an average of $1,168.

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 Keokuk 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 Keokuk County, IA, IA Low Rent (90%) $577 $637 $789 $991 $1,051
Average Rent $641 $708 $877 $1,101 $1,168
High Rent(110%) $705 $779 $965 $1,211 $1,285
2023 Keokuk County, IA, IA Low Rent (90%) $524 $568 $716 $893 $962
Average Rent $582 $631 $796 $992 $1,069
High Rent (110%) $640 $694 $876 $1,091 $1,176
2022 Keokuk County, IA, IA Low Rent (90%) $481 $525 $665 $848 $902
Average Rent $534 $583 $739 $942 $1,002
High Rent(110%) $587 $641 $813 $1,036 $1,102
2021 Keokuk County, IA, IA Low Rent (90%) $467 $506 $644 $823 $948
Average Rent $519 $562 $715 $914 $1,053
High Rent (110%) $571 $618 $787 $1,005 $1,158
2020 Keokuk County, IA, IA Low Rent (90%) $447 $495 $618 $832 $949
Average Rent $497 $550 $687 $924 $1,054
High Rent(110%) $547 $605 $756 $1,016 $1,159
2019 Keokuk County, IA, IA Low Rent (90%) $433 $463 $598 $822 $889
Average Rent $481 $514 $664 $913 $988
High Rent (110%) $529 $565 $730 $1,004 $1,087
2018 Keokuk County, IA, IA Low Rent (90%) $419 $459 $585 $815 $834
Average Rent $465 $510 $650 $906 $927
High Rent(110%) $512 $561 $715 $997 $1,020
2017 Keokuk County, IA, IA Low Rent (90%) $403 $427 $567 $780 $781
Average Rent $448 $474 $630 $867 $868
High Rent (110%) $493 $521 $693 $954 $955


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