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2025 FMR And Section 8 Rents For Washington 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 washington-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
33404$620$690$910$1120$1280
33401$606$680$894$1101$1253
33330$606$680$894$1101$1253
33403$606$680$894$1101$1253
33407$606$680$894$1101$1253
33334$730$830$1020$1450$1730
33328$730$830$1020$1450$1730
33332$640$720$950$1170$1330
33405$606$680$894$1101$1253
33351$610$690$910$1120$1270
33331$730$830$1060$1450$1730
33406$606$680$894$1101$1253
33327$606$680$894$1101$1253

Zip Code:

33404

Studio Rent:

$620

1 Bedroom Rent:

$690

2 Bedroom Rent:

$910

3 Bedroom Rent:

$1120

4 Bedroom Rent:

$1280

Zip Code:

33401

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

Zip Code:

33330

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

Zip Code:

33403

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

Zip Code:

33407

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

Zip Code:

33334

Studio Rent:

$730

1 Bedroom Rent:

$830

2 Bedroom Rent:

$1020

3 Bedroom Rent:

$1450

4 Bedroom Rent:

$1730

Zip Code:

33328

Studio Rent:

$730

1 Bedroom Rent:

$830

2 Bedroom Rent:

$1020

3 Bedroom Rent:

$1450

4 Bedroom Rent:

$1730

Zip Code:

33332

Studio Rent:

$640

1 Bedroom Rent:

$720

2 Bedroom Rent:

$950

3 Bedroom Rent:

$1170

4 Bedroom Rent:

$1330

Zip Code:

33405

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

Zip Code:

33351

Studio Rent:

$610

1 Bedroom Rent:

$690

2 Bedroom Rent:

$910

3 Bedroom Rent:

$1120

4 Bedroom Rent:

$1270

Zip Code:

33331

Studio Rent:

$730

1 Bedroom Rent:

$830

2 Bedroom Rent:

$1060

3 Bedroom Rent:

$1450

4 Bedroom Rent:

$1730

Zip Code:

33406

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

Zip Code:

33327

Studio Rent:

$606

1 Bedroom Rent:

$680

2 Bedroom Rent:

$894

3 Bedroom Rent:

$1101

4 Bedroom Rent:

$1253

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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.