Logo Cherokee County Fair Market Rent FY 2023 Cherokee County, IA Rental Data

Fair Market Rent Prices in Cherokee County, IA :
$581 $704 $795 $1,130 $1,354
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Cherokee County are average compared to the national average. This FMR area is more expensive than 54% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cherokee County is $795 per month.

The previous year, rent for a two-bedroom home was $739 per month. This is a 7.58% increase year-over-year.

This FMR rate applies to Washta, IA, Larrabee, IA, Meriden, IA, Quimby, IA, Cleghorn, IA, Pierson, IA, Granville, IA, Sutherland, IA, Correctionville, IA, Paullina, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19035N19035.

Additionally, This Fair Market Rent (FMR) area Cherokee County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Cherokee County, IA FMR area is 11,281 people based on latest Census data.

Compared to the rest of Iowa, the Cherokee County FMR area is more expensive than 82% 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 Cherokee County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cherokee County

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 $ 613
1-BR 1-Bedroom $ 743
2-BR 2-Bedroom $ 839
3-BR 3-Bedroom $ 1192
4-BR 4-Bedroom $ 1429
Change Year:

There is just one county (listed below) within the Cherokee County, IA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sioux City.

County / Region Est. Population
Cherokee County, IA 11,281
Zip Codes in Cherokee County, IA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

51012, 51014, 51016, 51022, 51025, 51029, 51035, 51037, 51046, 51048, 51049, 51050, 51058 and 51061

Lookup Fair Market Rent by Zip Code