Mitchell County, Iowa Fair Market Rent 2026

The FY2026 two-bedroom Fair Market Rent for Mitchell County is $919 per month, exactly the median across Iowa. This is the figure HUD gives your housing authority when it decides how much a Section 8 Housing Choice Voucher covers here.

FY2026 Fair Market Rents by Bedroom Size

Gross rent, including tenant-paid utilities other than phone, cable, and internet.

Studio
$682
per month
1 Bedroom
$774
per month
2 Bedrooms
$919
per month
3 Bedrooms
$1,156
per month
4 Bedrooms
$1,227
per month
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What you would actually pay in Mitchell County

With a Housing Choice Voucher you contribute about 30% of your adjusted monthly income toward rent and utilities. The housing authority pays the rest, up to its payment standard, which it sets between 90% and 110% of the Fair Market Rent shown above.

For a two-bedroom in Mitchell County, that puts the likely payment standard somewhere between $827 and $1,011 per month. Confirm the exact figure with the authority issuing your voucher before signing a lease, since anything above the payment standard comes out of your own pocket.

Affording this rent without a voucher

Renting a two-bedroom in Iowa at 30% of income takes an hourly wage of $19.99 working full time, or about $41,579 a year. At the state minimum wage of $7.25, that is 111 hours a week.

Source: National Low Income Housing Coalition, Out of Reach 2025 (statewide figure).

All Iowa Fair Market Rents Iowa Waiting Lists

For FY2026, the Fair Market Rent in Mitchell County is $682 for a studio, $774 for one bedroom, $919 for two bedrooms, $1,156 for three bedrooms, and $1,227 for four bedrooms, per month.

The two-bedroom Fair Market Rent in Mitchell County is $919, compared with a statewide median of $919 across Iowa. That is exactly at the state median.

Not necessarily. The Fair Market Rent is HUD's estimate, but the housing authority serving Mitchell County sets its own payment standard between 90% and 110% of that figure. Your voucher covers the difference between roughly 30% of your adjusted monthly income and the payment standard. If the unit rents for more than the payment standard, you pay the excess yourself.

Applications go through a local housing authority rather than HUD directly. Browse the Iowa housing authority directory to find the agency covering Mitchell County and check whether its waiting list is open.

Source: HUD Fair Market Rents FY2026 · huduser.gov

The federal Fair Housing Act prohibits discrimination in housing because of race, color, national origin, religion, familial status, gender, and disability. The Fair Housing Act ensures that all persons receive equal housing opportunity. For more information about the Fair Housing Act and your rights, visit the Department of Housing and Urban Development .