Rent in Lee County, IA at a glance
2-bedroom rent (HUD)
$962$11,544 a year · HUD fiscal year 2026From October 1, 2026: $976 (+1.5%)How much rent can you afford in Lee 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 Lee 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 | $663 | $7,956 | $26,520 | $12.75/hr |
| 1 bedroom | $733 | $8,796 | $29,320 | $14.10/hr |
| 2 bedroomsMost searched | $962 | $11,544 | $38,480 | $18.50/hr |
| 3 bedrooms | $1,270 | $15,240 | $50,800 | $24.42/hr |
| 4 bedrooms | $1,330 | $15,960 | $53,200 | $25.58/hr |
Cost of living in Lee County, IA: income, prices and a budget →
Living and working in Lee County, IA
Rent in Lee County, IA: common questions
How much is rent going up in Lee County, IA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $976 for a two-bedroom, up 1.5% from $962. A one-bedroom goes from $733 to $746, a studio from $663 to $680.
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 Lee County, IA?
HUD's Fair Market Rent for 2026 is $733 for a one-bedroom and $962 for a two-bedroom, utilities included. That is $11,544 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 Lee County, IA?
To keep a $962 two-bedroom at 30% of gross pay, one full-time worker needs $18.50 an hour, or $38,480 a year. A one-bedroom at $733 takes $14.10 an hour.
How much is a 1, 2 or 3-bedroom apartment in Lee County, IA?
At HUD's 2026 Fair Market Rent: studio $663, one bedroom $733, two $962, three $1,270 and four $1,330 a month.
Is rent affordable in Lee County, IA?
For the typical household, earning $62,382 a year ($5,199 a month, Census ACS), a two-bedroom at $962 takes 18.5% 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: ($962 × 12) ÷ 0.30 = $38,480. Divided by 2,080 working hours, that is $18.50 an hour.