Logo Decatur County Fair Market Rent FY 2011 Decatur County, IA Rental Data

Fair Market Rent Prices in Decatur County, IA :
$379 $422 $555 $677 $757
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 Decatur County are very low compared to the national average. This FMR area is less expensive than 96% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Decatur County is $555 per month.

The previous year, rent for a two-bedroom home was $547 per month. This is a 1.46% increase year-over-year.

This FMR rate applies to Davis City, IA, Van Wert, IA, Decatur, IA, Garden Grove, IA, Lineville, IA, Humeston, IA, Lamoni, IA, Leon, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19053N19053.

Additionally, This Fair Market Rent (FMR) area Decatur County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Decatur County, IA FMR area is 8,689 people based on 2000 Census data.

Compared to the rest of Iowa, the Decatur County FMR area is less expensive than 91% 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 Decatur County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Decatur 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 $ 401
1-BR 1-Bedroom $ 450
2-BR 2-Bedroom $ 584
3-BR 3-Bedroom $ 717
4-BR 4-Bedroom $ 819
Change Year:

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

County / Region Est. Population
Decatur County, IA 8,689
Zip Codes in Decatur County, IA

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

50065, 50067, 50103, 50123, 50140, 50144, 50147 and 50262

Lookup Fair Market Rent by Zip Code