Rental Benchmark Overview
2-Bedroom Benchmark Rent
$941$11,292 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Tama County, IA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Tama County, IA
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $698 | $8,376 | $27,920 | $13.42/hr |
| 1-Bedroom Apartment | $717 | $8,604 | $28,680 | $13.79/hr |
| 2-Bedroom ApartmentStandard Benchmark | $941 | $11,292 | $37,640 | $18.10/hr |
| 3-Bedroom Home | $1,174 | $14,088 | $46,960 | $22.58/hr |
| 4-Bedroom Home | $1,330 | $15,960 | $53,200 | $25.58/hr |
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Frequently Asked Questions About Rent in Tama County, IA
What is the Fair Market Rent for a 2-bedroom in Tama County, IA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Tama County, IA is $941 per month ($11,292 per year).
What hourly wage is needed to afford rent in Tama County, IA?
To comfortably afford a 2-bedroom apartment at $941/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.10 per hour ($37,640/year).
What are the HUD Fair Market Rents by bedroom count in Tama County, IA?
Official 2026 HUD rents in Tama County, IA are: Studio: $698/mo, 1-Bedroom: $717/mo, 2-Bedroom: $941/mo, 3-Bedroom: $1,174/mo, and 4-Bedroom: $1,330/mo.
How do HUD Fair Market Rents compare to local incomes in Tama County, IA?
At the local Census ACS median household income of $70,781/year ($5,898/month), the benchmark 2-bedroom Fair Market Rent represents 16% of monthly income.
How is the 30% housing affordability standard calculated in Tama County, IA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $941/month, the required minimum annual gross income is calculated as ($941 × 12) ÷ 0.30 = $37,640 per year.