Rent in Fayette County, IA at a glance
2-bedroom rent (HUD)
$919$11,028 a year · HUD fiscal year 2026From October 1, 2026: $940 (+2.3%)How much rent can you afford in Fayette County, IA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Fayette County, IA by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $682 | $8,184 | $27,280 | $13.12/hr |
| 1 bedroom | $723 | $8,676 | $28,920 | $13.90/hr |
| 2 bedroomsMost searched | $919 | $11,028 | $36,760 | $17.67/hr |
| 3 bedrooms | $1,210 | $14,520 | $48,400 | $23.27/hr |
| 4 bedrooms | $1,439 | $17,268 | $57,560 | $27.67/hr |
Cost of living in Fayette County, IA: income, prices and a budget →
Living and working in Fayette County, IA
Rent in Fayette County, IA: common questions
How much is rent going up in Fayette County, IA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $940 for a two-bedroom, up 2.3% from $919. A one-bedroom goes from $723 to $719, a studio from $682 to $698.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Fayette County, IA?
HUD's Fair Market Rent for 2026 is $723 for a one-bedroom and $919 for a two-bedroom, utilities included. That is $11,028 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Fayette County, IA?
To keep a $919 two-bedroom at 30% of gross pay, one full-time worker needs $17.67 an hour, or $36,760 a year. A one-bedroom at $723 takes $13.90 an hour.
How much is a 1, 2 or 3-bedroom apartment in Fayette County, IA?
At HUD's 2026 Fair Market Rent: studio $682, one bedroom $723, two $919, three $1,210 and four $1,439 a month.
Is rent affordable in Fayette County, IA?
For the typical household, earning $60,165 a year ($5,014 a month, Census ACS), a two-bedroom at $919 takes 18.3% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($919 × 12) ÷ 0.30 = $36,760. Divided by 2,080 working hours, that is $17.67 an hour.