Iowa · HUD FY2026 Fair Market Rents · Updated

Rent in Monona County, IA

HUD puts rent for a two-bedroom in Monona County, IA at $919 a month for 2026, and a one-bedroom at $700. Keeping the two-bedroom under 30% of income takes $17.67 an hour full time, or $36,760 a year. The typical household there would spend 16.1% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $927 (up 0.9%).

Rent in Monona County, IA at a glance

2-bedroom rent (HUD)

$919$11,028 a year · HUD fiscal year 2026From October 1, 2026: $927 (+0.9%)
Studio$682$13/hr needed
1 bedroom$700$13/hr needed
Wage a 2-bedroom takes$17.67an hour, 40 hours a week
3 bedrooms$1,145$22/hr needed

How much rent can you afford in Monona County, IA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$919Monthly market rent
Share of gross income16.1%Recommended max: 30%
Annual income needed$36,760To meet the 30% standard
Max affordable rent$1,709At 30% of $68,377
0%30% (Affordability standard)100%
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Rent in Monona 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.

HUD Fair Market Rent in Monona County, IA, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$682$8,184$27,280$13.12/hr
1 bedroom$700$8,400$28,000$13.46/hr
2 bedroomsMost searched$919$11,028$36,760$17.67/hr
3 bedrooms$1,145$13,740$45,800$22.02/hr
4 bedrooms$1,542$18,504$61,680$29.65/hr

Cost of living in Monona County, IA: income, prices and a budget →

Rent in Monona County, IA: common questions

How much is rent going up in Monona County, IA in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $927 for a two-bedroom, up 0.9% from $919. A one-bedroom goes from $700 to $709, a studio from $682 to $688.

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 Monona County, IA?

HUD's Fair Market Rent for 2026 is $700 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 Monona 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 $700 takes $13.46 an hour.

How much is a 1, 2 or 3-bedroom apartment in Monona County, IA?

At HUD's 2026 Fair Market Rent: studio $682, one bedroom $700, two $919, three $1,145 and four $1,542 a month.

Is rent affordable in Monona County, IA?

For the typical household, earning $68,377 a year ($5,698 a month, Census ACS), a two-bedroom at $919 takes 16.1% 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.