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Section 8 rent in Sioux City, IA-NE-SD

FY2025 HUD Small Area Fair Market Rents for the Sioux City, IA-NE-SD MSA, covering 56 ZIP codes.

$986Avg 2BR FMR / mo
$1,084Avg 2BR at 110% Standard
56ZIP 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$620$685$930$754
1 Bedroom$710$777$1,070$855
2 Bedrooms$910$986$1,360$1,084
3 Bedrooms$1,110$1,221$1,640$1,344
4 Bedrooms$1,220$1,383$1,800$1,522

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$1,972$23,664
Triplex3 × 2BR$2,958$35,496
Fourplex4 × 2BR$3,944$47,328
Fourplex4 × 3BR$4,884$58,608

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 15 of 56 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
68741 $1,070 $1,360 $1,640 $1,800
51054 $1,010 $1,290 $1,560 $1,710
57049 $1,000 $1,270 $1,530 $1,680
51004 $900 $1,150 $1,390 $1,520
68731 $890 $1,140 $1,370 $1,510
51108 $870 $1,100 $1,360 $1,470
51111 $850 $1,090 $1,310 $1,450
51055 $840 $1,080 $1,300 $1,460
51106 $850 $1,080 $1,300 $1,430
68776 $840 $1,070 $1,290 $1,420
68743 $830 $1,060 $1,280 $1,410
51103 $820 $1,050 $1,270 $1,390
51104 $820 $1,050 $1,270 $1,390
51109 $820 $1,050 $1,270 $1,390
68785 $820 $1,050 $1,270 $1,390

Quick cash flow check

Free Tool

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 Sioux City, IA-NE-SD?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Sioux City, IA-NE-SD MSA is $986 per month, ranging from $910 to $1,360 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 $1,084.
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 Sioux City, IA-NE-SD, 2-bedroom SAFMRs run from $910 to $1,360 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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