How much does Section 8 pay for a 2-bedroom in ZIP 51532?

For ZIP 51532 in Montgomery County, IA, the FY2026 two-bedroom Small Area Fair Market Rent is $960 per month. Local housing authorities set the Section 8 payment standard between 90% and 110% of that, roughly $865 to $1,055 before the tenant's utility allowance.

What are the FY2026 Section 8 rent limits for ZIP 51532?

HUD's FY2026 Small Area Fair Market Rent for ZIP 51532, by bedroom size: studio $730, 1-bedroom $870, 2-bedroom $960, 3-bedroom $1,320, 4-bedroom $1,410. In SAFMR metros the ZIP-level figure, not the county average, is what applies to an address here.

Which housing authority covers ZIP 51532?

Vouchers for Montgomery County are administered by Villisca Low Rent Housing Agency, Low Rent Housing Agency of Red Oak, Stanton Housing Commission. The authority whose jurisdiction covers ZIP 51532 handles the application, the waitlist, the HAP contract, and the unit inspection.

Section 8 Rent in ZIP 51532

FY2026 Small Area Fair Market Rent for ZIP 51532 in Montgomery County, Iowa: the exact per-bedroom rents HUD publishes for this ZIP, the estimated payment-standard range, the housing authorities that administer vouchers here, and whether a landlord can legally decline a voucher in Iowa.

Studio

$730

1 BR

$870

2 BR

$960

3 BR

$1,320

4 BR

$1,410

Estimated payment standard range (2 BR)

Local PHAs set payment standards between 90% and 110% of FMR. Exact figures vary by PHA. The numbers below are the modeled range.

Low (90%)

$865

FMR (100%)

$960

High (110%)

$1,055

Gross rent before the tenant utility allowance. The PHA's published payment standard is the number that actually applies; verify with the PHA before signing a lease or HAP contract.

ZIP vs county FMR (2 BR)

ZIP 51532 at $960 is $41 higher than the Montgomery County county-wide 2 BR FMR of $919. In SAFMR metros the ZIP number is what actually applies to an address here, so a voucher stretches further in this ZIP than the county average suggests.

Can a landlord refuse Section 8 in ZIP 51532?

Source-of-income protection status for Iowa is not yet in our database. Check with local legal aid or the state civil-rights office before assuming either way.

Informational only, not legal advice. Laws change, so verify current status before acting on a rejection or making a leasing decision.

Housing authorities serving Montgomery County

Villisca Low Rent Housing Agency
Villisca · PHA code IA079
—
Low Rent Housing Agency of Red Oak
Red Oak · PHA code IA044
—
Stanton Housing Commission
Stanton · PHA code IA005
—

The PHA whose jurisdiction covers ZIP 51532 handles the application, the HAP contract, and the unit inspection.

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in ZIP 51532?: For ZIP 51532 in Montgomery County, IA, the FY2026 two-bedroom Small Area Fair Market Rent is $960 per month. Local housing authorities set the Section 8 payment standard between 90% and 110% of that, roughly $865 to $1,055 before the tenant's utility allowance.
What are the FY2026 Section 8 rent limits for ZIP 51532?: HUD's FY2026 Small Area Fair Market Rent for ZIP 51532, by bedroom size: studio $730, 1-bedroom $870, 2-bedroom $960, 3-bedroom $1,320, 4-bedroom $1,410. In SAFMR metros the ZIP-level figure, not the county average, is what applies to an address here.
Which housing authority covers ZIP 51532?: Vouchers for Montgomery County are administered by Villisca Low Rent Housing Agency, Low Rent Housing Agency of Red Oak, Stanton Housing Commission. The authority whose jurisdiction covers ZIP 51532 handles the application, the waitlist, the HAP contract, and the unit inspection.

Find Section 8 apartments in ZIP 51532

VoucherMatch connects voucher holders with landlords who accept Section 8, and it is free for renters. Landlords: listings here reach applicants whose voucher already covers the rent above.

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Montgomery County overview All of Iowa

SAFMR data published by HUD for FY2026. ZIP 51532 maps to Montgomery County, IA · FIPS 19137. Investors can run these numbers in the RentalCalcs voucher analyzer.