Rent in Henry County, IA at a glance
2-bedroom rent (HUD)
$939$11,268 a year · HUD fiscal year 2026From October 1, 2026: $958 (+2%)How much rent can you afford in Henry 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 Henry 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 | $647 | $7,764 | $25,880 | $12.44/hr |
| 1 bedroom | $716 | $8,592 | $28,640 | $13.77/hr |
| 2 bedroomsMost searched | $939 | $11,268 | $37,560 | $18.06/hr |
| 3 bedrooms | $1,242 | $14,904 | $49,680 | $23.88/hr |
| 4 bedrooms | $1,360 | $16,320 | $54,400 | $26.15/hr |
Cost of living in Henry County, IA: income, prices and a budget →
Living and working in Henry County, IA
Rent in Henry County, IA: common questions
How much is rent going up in Henry County, IA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $958 for a two-bedroom, up 2% from $939. A one-bedroom goes from $716 to $732, a studio from $647 to $667.
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 Henry County, IA?
HUD's Fair Market Rent for 2026 is $716 for a one-bedroom and $939 for a two-bedroom, utilities included. That is $11,268 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 Henry County, IA?
To keep a $939 two-bedroom at 30% of gross pay, one full-time worker needs $18.06 an hour, or $37,560 a year. A one-bedroom at $716 takes $13.77 an hour.
How much is a 1, 2 or 3-bedroom apartment in Henry County, IA?
At HUD's 2026 Fair Market Rent: studio $647, one bedroom $716, two $939, three $1,242 and four $1,360 a month.
Is rent affordable in Henry County, IA?
For the typical household, earning $67,436 a year ($5,620 a month, Census ACS), a two-bedroom at $939 takes 16.7% 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: ($939 × 12) ÷ 0.30 = $37,560. Divided by 2,080 working hours, that is $18.06 an hour.