Boone County, IA
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $783/mo | $705 – $861/mo |
| 1 BR | $788/mo | $709 – $867/mo |
| 2 BR | $1,026/mo | $923 – $1,129/mo |
| 3 BR | $1,427/mo | $1,284 – $1,570/mo |
| 4 BR | $1,500/mo | $1,350 – $1,650/mo |
Fair Market Rent by unit size — Boone County, IA (FY 2026)
Source: HUD FY 2026 data for Boone County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Finding the housing authority
We don't have a housing authority on file for Boone County yet. Use the Housing Authority Finder with a local ZIP code to locate the agency that administers vouchers here.
Am I eligible?
To qualify for a Housing Choice Voucher in Boone County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $39,350 |
| 2 people | $44,950 |
| 3 people | $50,550 |
| 4 people | $56,150 |
| 5 people | $60,650 |
| 6 people | $65,150 |
| 7 people | $69,650 |
| 8 people | $74,150 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Boone County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
CEDAR MANOR APTS II
2003 CEDAR ST, BOONE, IA, 5003624 income-restricted units24 1BRBuilt 20094% + 9% LIHTCCompliance through ~2039LINDEN APTS
1111 PKWY DR, BOONE, IA, 5003625 income-restricted units20 1BR, 3 3BR, 2 4BR+Built 20044% LIHTCCompliance through ~2034PINNACLE OF BOONE
308 SECOND ST, BOONE, IA, 5003671 income-restricted units of 72 totalBuilt 2003Compliance through ~2033BOONE SUNDANCE APTS
1305 S LINN ST, BOONE, IA, 5003640 income-restricted units32 2BR, 8 3BRBuilt 19994% LIHTCCompliance through ~2029CEDAR MANOR APTS
2003 CEDAR ST, BOONE, IA, 5003624 income-restricted unitsBuilt 1997Compliance through ~2027
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Boone County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →