Rent in Hamilton County, IA at a glance
2-bedroom rent (HUD)
$994$11,928 a year · HUD fiscal year 2026From October 1, 2026: $1,004 (+1%)How much rent can you afford in Hamilton 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 Hamilton 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 | $738 | $8,856 | $29,520 | $14.19/hr |
| 1 bedroom | $791 | $9,492 | $31,640 | $15.21/hr |
| 2 bedroomsMost searched | $994 | $11,928 | $39,760 | $19.12/hr |
| 3 bedrooms | $1,192 | $14,304 | $47,680 | $22.92/hr |
| 4 bedrooms | $1,316 | $15,792 | $52,640 | $25.31/hr |
Cost of living in Hamilton County, IA: income, prices and a budget →
Living and working in Hamilton County, IA
Rent in Hamilton County, IA: common questions
How much is rent going up in Hamilton County, IA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,004 for a two-bedroom, up 1% from $994. A one-bedroom goes from $791 to $796, a studio from $738 to $746.
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 Hamilton County, IA?
HUD's Fair Market Rent for 2026 is $791 for a one-bedroom and $994 for a two-bedroom, utilities included. That is $11,928 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 Hamilton County, IA?
To keep a $994 two-bedroom at 30% of gross pay, one full-time worker needs $19.12 an hour, or $39,760 a year. A one-bedroom at $791 takes $15.21 an hour.
How much is a 1, 2 or 3-bedroom apartment in Hamilton County, IA?
At HUD's 2026 Fair Market Rent: studio $738, one bedroom $791, two $994, three $1,192 and four $1,316 a month.
Is rent affordable in Hamilton County, IA?
For the typical household, earning $72,432 a year ($6,036 a month, Census ACS), a two-bedroom at $994 takes 16.5% 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: ($994 × 12) ÷ 0.30 = $39,760. Divided by 2,080 working hours, that is $19.12 an hour.