Section 8 rent in Des Moines County, IA

FY2025 HUD Small Area Fair Market Rents for the Des Moines County, IA, covering 12 ZIP codes.

$1,033Avg 2BR FMR / mo
$1,136Avg 2BR at 110% Standard
12ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$630$713$920$785
1 Bedroom$710$787$1,020$865
2 Bedrooms$930$1,033$1,340$1,136
3 Bedrooms$1,150$1,300$1,660$1,430
4 Bedrooms$1,240$1,402$1,780$1,542

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,066$24,792
Triplex3 × 2BR$3,099$37,188
Fourplex4 × 2BR$4,132$49,584
Fourplex4 × 3BR$5,200$62,400

Gross scheduled rent before vacancy, maintenance and management. Run any Iowa multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 12 of 12 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
52650 $1,020 $1,340 $1,660 $1,780
52658 $960 $1,260 $1,660 $1,680
52601 $830 $1,090 $1,350 $1,450
52655 $790 $1,040 $1,280 $1,380
52623 $760 $1,000 $1,250 $1,350
52660 $760 $1,000 $1,270 $1,380
52640 $740 $970 $1,200 $1,290
52646 $740 $970 $1,200 $1,290
52637 $710 $930 $1,150 $1,240
52638 $710 $930 $1,150 $1,240
52644 $710 $930 $1,220 $1,370
52645 $710 $930 $1,210 $1,370

Quick cash flow check

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Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Des Moines County, IA?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Des Moines County, IA is $1,033 per month, ranging from $930 to $1,340 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,136.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Des Moines County, IA, 2-bedroom SAFMRs run from $930 to $1,340 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Iowa?
RealG searches live listings across Iowa, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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