Davenport-Moline-Rock Island, IA-IL MSA · FY2026 area median income $97,500 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $341 | $512 | $683 | $853 | $1,024 | $1,195 | $1,366 |
| 1BR | $365 | $548 | $731 | $914 | $1,097 | $1,280 | $1,463 |
| 2BR | $439 | $658 | $878 | $1,097 | $1,317 | $1,536 | $1,756 |
| 3BR | $507 | $760 | $1,014 | $1,267 | $1,521 | $1,774 | $2,028 |
| 4BR | $565 | $848 | $1,131 | $1,413 | $1,696 | $1,979 | $2,262 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $20,490 | $34,150 | $40,980 | $54,640 |
| 2 persons | $23,400 | $39,000 | $46,800 | $62,400 |
| 3 persons | $26,340 | $43,900 | $52,680 | $70,240 |
| 4 persons | $29,250 | $48,750 | $58,500 | $78,000 |
| 5 persons | $31,590 | $52,650 | $63,180 | $84,240 |
| 6 persons | $33,930 | $56,550 | $67,860 | $90,480 |
| 7 persons | $36,270 | $60,450 | $72,540 | $96,720 |
| 8 persons | $38,610 | $64,350 | $77,220 | $102,960 |
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 Mercer County to see the sources and uses, bond test, DSCR, and funding gap using these rents.