Carroll County, IA · FY2026 area median income $103,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $364 | $546 | $728 | $910 | $1,092 | $1,274 | $1,456 |
| 1BR | $390 | $585 | $780 | $975 | $1,170 | $1,365 | $1,560 |
| 2BR | $468 | $702 | $936 | $1,170 | $1,404 | $1,638 | $1,872 |
| 3BR | $540 | $810 | $1,081 | $1,351 | $1,621 | $1,891 | $2,162 |
| 4BR | $603 | $904 | $1,206 | $1,507 | $1,809 | $2,110 | $2,412 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $21,840 | $36,400 | $43,680 | $58,240 |
| 2 persons | $24,960 | $41,600 | $49,920 | $66,560 |
| 3 persons | $28,080 | $46,800 | $56,160 | $74,880 |
| 4 persons | $31,170 | $51,950 | $62,340 | $83,120 |
| 5 persons | $33,690 | $56,150 | $67,380 | $89,840 |
| 6 persons | $36,180 | $60,300 | $72,360 | $96,480 |
| 7 persons | $38,670 | $64,450 | $77,340 | $103,120 |
| 8 persons | $41,160 | $68,600 | $82,320 | $109,760 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Carroll County to see the sources and uses, bond test, DSCR, and funding gap using these rents.