FMR Lookup › Iowa › Sioux City
Section 8 Fair Market Rent in Sioux City, IA-NE-SD (FY2027)
HUD's official FY2027 Fair Market Rents for the Sioux City, IA-NE-SD MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2027 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $831 | $748 – $914 |
| 1 bedroom | $965 | $869 – $1,062 |
| 2 bedrooms | $1,194 | $1,075 – $1,313 |
| 3 bedrooms | $1,447 | $1,302 – $1,592 |
| 4 bedrooms | $1,618 | $1,456 – $1,780 |
Source: HUD User — FY 2027 Fair Market Rents. FY2027 FMRs are effective October 1, 2026. FY2027 FMRs take effect October 1, 2026; until that date, the prior FY2026 schedule remains in effect. Retrieved 2026-09-07.
How this market compares
The 2-bedroom FMR here is $1,194 — 29% above the Iowa median of $927 across all 92 FMR areas in the state.
Counties and towns covered
The Sioux City, IA-NE-SD FMR area is a metro area covering: Woodbury County, Dakota County, Union County. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Sioux City: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable Iowa markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Iowa City | $1,002 | $1,180 | $1,634 |
| Dubuque | $891 | $1,131 | $1,516 |
| Des Moines County | $844 | $1,104 | $1,444 |
| Jefferson County | $838 | $1,096 | $1,306 |
| Waterloo-Cedar Falls | $838 | $1,096 | $1,401 |
| Muscatine County | $867 | $1,093 | $1,315 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Sioux City.