2025 FMR And Section 8 Rents For Iowa City IA

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of iowa-city, IA.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
33186$783$902$1082$1525$1836
33313$783$902$1082$1525$1836
33317$783$902$1082$1525$1836
33194$783$902$1082$1525$1836
33311$783$902$1082$1525$1836
33304$783$902$1082$1525$1836
33301$800$920$1100$1560$1870
33305$870$1000$1200$1690$2040
33306$783$902$1082$1525$1836
33314$783$902$1082$1525$1836
33309$783$902$1082$1525$1836
33312$910$1050$1260$1780$2140
33326$783$902$1082$1525$1836
33323$783$902$1082$1525$1836
33324$783$902$1082$1525$1836
33193$783$902$1082$1525$1836
33325$783$902$1082$1525$1836
33189$960$1070$1410$1980$2390
33315$783$902$1082$1525$1836
33196$783$902$1082$1525$1836
33316$783$902$1082$1525$1836
33321$783$902$1082$1525$1836
33190$783$902$1082$1525$1836
33322$783$902$1082$1525$1836
33187$783$902$1082$1525$1836
33308$783$902$1082$1525$1836
33319$840$970$1160$1630$1970

Zip Code:

33186

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33313

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33317

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33194

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33311

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33304

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33301

Studio Rent:

$800

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1100

3 Bedroom Rent:

$1560

4 Bedroom Rent:

$1870

Zip Code:

33305

Studio Rent:

$870

1 Bedroom Rent:

$1000

2 Bedroom Rent:

$1200

3 Bedroom Rent:

$1690

4 Bedroom Rent:

$2040

Zip Code:

33306

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33314

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33309

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33312

Studio Rent:

$910

1 Bedroom Rent:

$1050

2 Bedroom Rent:

$1260

3 Bedroom Rent:

$1780

4 Bedroom Rent:

$2140

Zip Code:

33326

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33323

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33324

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33193

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33325

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33189

Studio Rent:

$960

1 Bedroom Rent:

$1070

2 Bedroom Rent:

$1410

3 Bedroom Rent:

$1980

4 Bedroom Rent:

$2390

Zip Code:

33315

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33196

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33316

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33321

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33190

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33322

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33187

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33308

Studio Rent:

$783

1 Bedroom Rent:

$902

2 Bedroom Rent:

$1082

3 Bedroom Rent:

$1525

4 Bedroom Rent:

$1836

Zip Code:

33319

Studio Rent:

$840

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1160

3 Bedroom Rent:

$1630

4 Bedroom Rent:

$1970

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.