Iowa County, IA · FY2026 area median income $101,700 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $356 | $534 | $712 | $890 | $1,068 | $1,246 | $1,424 |
| 1BR | $381 | $572 | $763 | $953 | $1,144 | $1,335 | $1,526 |
| 2BR | $458 | $687 | $916 | $1,145 | $1,374 | $1,603 | $1,832 |
| 3BR | $529 | $793 | $1,058 | $1,322 | $1,587 | $1,851 | $2,116 |
| 4BR | $590 | $885 | $1,180 | $1,475 | $1,770 | $2,065 | $2,360 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $21,360 | $35,600 | $42,720 | $56,960 |
| 2 persons | $24,420 | $40,700 | $48,840 | $65,120 |
| 3 persons | $27,480 | $45,800 | $54,960 | $73,280 |
| 4 persons | $30,510 | $50,850 | $61,020 | $81,360 |
| 5 persons | $32,970 | $54,950 | $65,940 | $87,920 |
| 6 persons | $35,400 | $59,000 | $70,800 | $94,400 |
| 7 persons | $37,860 | $63,100 | $75,720 | $100,960 |
| 8 persons | $40,290 | $67,150 | $80,580 | $107,440 |
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 Iowa County to see the sources and uses, bond test, DSCR, and funding gap using these rents.