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RentData.org Logo Ames Fair Market Rent FY 2006 Ames, IA MSA Rental Data

Fair Market Rent Prices in Ames, IA :
$508 $536 $662 $947 $1,121
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Ames are very high compared to the national average. This FMR area is more expensive than 91% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Ames is $662 per month.

This FMR rate applies to Mc Callsburg, IA, Kelley, IA, Zearing, IA, Collins, IA, Gilbert, IA, Colo, IA, Cambridge, IA, Roland, IA, Slater, IA, Maxwell, IA and other cities within the region. The Metro Code or CBSA code for this region is METRO11180M11180.

Additionally, This Fair Market Rent (FMR) area Ames, IA MSA spans one county or city in Iowa which is listed in the table below. Estimated population of Ames, IA MSA FMR area is 79,981 people based on 2000 Census data.

Compared to the rest of Iowa, the Ames FMR area is more expensive than 98% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Ames. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Ames

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 532
1-BR 1-Bedroom $ 566
2-BR 2-Bedroom $ 693
3-BR 3-Bedroom $ 1011
4-BR 4-Bedroom $ 1220
Change Year:

There is just one county (listed below) within the Ames, IA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Des Moines - Ames.

County / Region Est. Population
Story County, IA Metro 79,981
Zip Codes in Ames, IA MSA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

50010, 50011, 50012, 50014, 50046, 50055, 50056, 50105, 50124, 50134, 50154, 50161, 50201, 50236, 50244, 50248 and 50278

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