2025 FMR And Section 8 Rents For Jasper County 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 jasper-county, 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
23120$652$660$862$1200$1240
23156$720$810$970$1330$1350
23124$670$670$880$1220$1260
23141$652$660$862$1200$1240
23140$720$810$970$1330$1350
23128$680$690$910$1260$1310
23149$780$810$1030$1430$1480
23150$770$780$1020$1420$1460
23126$652$660$862$1200$1240
23160$652$660$862$1200$1240
23139$720$810$970$1330$1350
23117$720$810$970$1330$1350
23119$790$830$990$1380$1580
23148$652$660$862$1200$1240
23129$652$660$862$1200$1240
23146$652$660$862$1200$1240
23125$652$660$862$1200$1240
23138$880$890$1170$1630$1680
23123$680$680$900$1250$1290
23161$670$670$880$1220$1260
23130$720$810$970$1330$1510
23153$652$660$862$1200$1240
23116$690$690$910$1260$1300

Zip Code:

23120

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23156

Studio Rent:

$720

1 Bedroom Rent:

$810

2 Bedroom Rent:

$970

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1350

Zip Code:

23124

Studio Rent:

$670

1 Bedroom Rent:

$670

2 Bedroom Rent:

$880

3 Bedroom Rent:

$1220

4 Bedroom Rent:

$1260

Zip Code:

23141

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23140

Studio Rent:

$720

1 Bedroom Rent:

$810

2 Bedroom Rent:

$970

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1350

Zip Code:

23128

Studio Rent:

$680

1 Bedroom Rent:

$690

2 Bedroom Rent:

$910

3 Bedroom Rent:

$1260

4 Bedroom Rent:

$1310

Zip Code:

23149

Studio Rent:

$780

1 Bedroom Rent:

$810

2 Bedroom Rent:

$1030

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1480

Zip Code:

23150

Studio Rent:

$770

1 Bedroom Rent:

$780

2 Bedroom Rent:

$1020

3 Bedroom Rent:

$1420

4 Bedroom Rent:

$1460

Zip Code:

23126

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23160

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23139

Studio Rent:

$720

1 Bedroom Rent:

$810

2 Bedroom Rent:

$970

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1350

Zip Code:

23117

Studio Rent:

$720

1 Bedroom Rent:

$810

2 Bedroom Rent:

$970

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1350

Zip Code:

23119

Studio Rent:

$790

1 Bedroom Rent:

$830

2 Bedroom Rent:

$990

3 Bedroom Rent:

$1380

4 Bedroom Rent:

$1580

Zip Code:

23148

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23129

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23146

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23125

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23138

Studio Rent:

$880

1 Bedroom Rent:

$890

2 Bedroom Rent:

$1170

3 Bedroom Rent:

$1630

4 Bedroom Rent:

$1680

Zip Code:

23123

Studio Rent:

$680

1 Bedroom Rent:

$680

2 Bedroom Rent:

$900

3 Bedroom Rent:

$1250

4 Bedroom Rent:

$1290

Zip Code:

23161

Studio Rent:

$670

1 Bedroom Rent:

$670

2 Bedroom Rent:

$880

3 Bedroom Rent:

$1220

4 Bedroom Rent:

$1260

Zip Code:

23130

Studio Rent:

$720

1 Bedroom Rent:

$810

2 Bedroom Rent:

$970

3 Bedroom Rent:

$1330

4 Bedroom Rent:

$1510

Zip Code:

23153

Studio Rent:

$652

1 Bedroom Rent:

$660

2 Bedroom Rent:

$862

3 Bedroom Rent:

$1200

4 Bedroom Rent:

$1240

Zip Code:

23116

Studio Rent:

$690

1 Bedroom Rent:

$690

2 Bedroom Rent:

$910

3 Bedroom Rent:

$1260

4 Bedroom Rent:

$1300

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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.