Housing market/Iowa/ZIP 52324

ACS 2023 · FY2027 SAFMR

ZIP 52324 Palo, Benton County, Iowa

Benton County, IA HUD Metro FMR Area · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,955
Households
715
Median HH income
$109,432
Renter share
9.5%
Median gross rent
$861
Vacancy
1.1%
Pop. change
-8.5%
2BR SAFMR
$1,020
SAFMR / rent
1.185×
2–49 unit stock
6
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 52324 · IA — sent to you.

ZIP 52324 · IA

ACS median rent$861
2BR SAFMR$1,020
90% floor$918
110% ceiling$1,122

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 52324

  • 1-unit detached71198.3%
  • 1-unit attached40.6%
  • 2–4 units60.8%
  • Mobile20.3%
TypeUnitsShare
1-unit detached71198.3%
1-unit attached40.6%
2 units (duplex)00.0%
3–4 units60.8%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile20.3%

2–4 unit share 0.8% · 5–49 unit share 0.0% · combined 2–49 0.8%.

Units by bedrooms

Studio
3
1BR
14
2BR
93
3BR
295
4BR
204
5+
114

Rent burden

Rent ≥30% of income5.9%
Rent ≥50% of income0.0%
  • ACS median gross rent $861 (all bedrooms, occupied rentals).
  • Median contract rent $730.
  • Renters paying ≥30% of income 5.9%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,020 (1.185× ACS median gross rent).

Population

1,955 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 357 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 52324 9.5% of occupied households are renters; vacancy is 1.1%; ACS median gross rent is $861; population changed -8.5% between the 2018 and 2023 ACS vintages; the housing stock includes 6 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $861. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Iowa research

ZIP 52324 is a Census / HUD profile for Benton County, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 52324?

ZIP 52324 (Benton County, IA HUD Metro FMR Area) has 1,955 residents, 715 households, a renter share of 9.5%, median household income of $109,432, and ACS 2023 median gross rent of $861. Vacancy is 1.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 52324?

ACS counts 0 units in 2-unit buildings, 6 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 6 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 52324?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 52324 — Palo, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 52324 is Census / HUD research for Benton County, IA HUD Metro FMR Area. Jeff Crowe CRE does not list Iowa property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.