What is the Fair Market Rent in Ankeny, IA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,460 to $1,690 a month across the 2 ZIP codes that cover Ankeny.

By ZIP code: 50023 $1,460, 50021 $1,690.

Across the whole Des Moines-West Des Moines, IA HUD Metro FMR Area the two-bedroom figure is $1,360.

The Census Bureau’s median gross rent for a two-bedroom home in Ankeny is $1,304 (±$72), below the Small Area figure for ZIP 50023.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,360
2 bedrooms, ZIP 50023: $1,460
2 bedrooms, ZIP 50021: $1,690

Fair Market Rents for Ankeny, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Des Moines-West Des Moines, IA HUD Metro FMR Area (whole area)	$1,102	$1,145	$1,360	$1,856	$1,901	—
ZIP 50023 (71% of the ZIP’s land is in this place)	$1,180	$1,230	$1,460	$1,990	$2,040	$1,240
ZIP 50021 (62% of the ZIP’s land is in this place)	$1,370	$1,420	$1,690	$2,310	$2,360	$1,393

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Ankeny

What is the Section 8 payment standard in Ankeny?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Des Moines-West Des Moines, IA HUD Metro FMR Area is $1,360, and the Small Area figure for 50023 is $1,460.

What is the Fair Market Rent for a two-bedroom in ZIP 50023?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 50023 is $1,460 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,240 (±$69).

What is the Fair Market Rent for a two-bedroom in ZIP 50021?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 50021 is $1,690 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,393 (±$94).

What is the Fair Market Rent for a one-bedroom in Ankeny?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 50023 is $1,230 a month, against $1,145 across the Des Moines-West Des Moines, IA HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.