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

Fair Market Rent Prices in Des Moines, IA :
$460 $549 $669 $857 $955
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Des Moines are high compared to the national average. This FMR area is more expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Des Moines is $669 per month.

This FMR rate applies to Dawson, IA, Alleman, IA, Patterson, IA, Jamaica, IA, Berwick, IA, Bevington, IA, Linden, IA, Booneville, IA, Liberty Center, IA, Martensdale, IA and other cities within the region. The Metro Code or CBSA code for this region is METRO19780M19780.

Additionally, This Fair Market Rent (FMR) area Des Moines, IA MSA spans five counties or cities in Iowa which ares listed in the table below. Estimated population of Des Moines, IA MSA FMR area is 481,394 people based on latest Census data.

Compared to the rest of Iowa, the Des Moines FMR area is more expensive than 96% 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 Des Moines. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Des Moines

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 $ 489
1-BR 1-Bedroom $ 582
2-BR 2-Bedroom $ 705
3-BR 3-Bedroom $ 907
4-BR 4-Bedroom $ 998
Change Year:
2006

The counties, cities, towns, and regions listed below fall into the Des Moines, IA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Des Moines - Ames.

County / Region Est. Population
Dallas County, IA Metro 40,750
Guthrie County, IA Metro 11,353
Madison County, IA Metro 14,019
Polk County, IA Metro 374,601
Warren County, IA Metro 40,671
Zip Codes in Des Moines, IA MSA

There are 78 unique zip codes in this Fair Market Rent (FMR) area:

50001, 50003, 50007, 50009, 50021, 50023, 50032, 50033, 50035, 50038, 50046, 50047, 50061, 50063, 50066, 50069, 50072, 50073, 50109, 50111, 50115, 50118, 50124, 50125, 50128, 50131, 50145, 50146, 50160, 50166, 50167, 50211, 50216, 50218, 50226, 50229, 50233, 50240, 50241, 50243, 50261, 50263, 50265, 50266, 50277, 50301, 50302, 50303, 50304, 50305, 50309, 50310, 50311, 50312, 50313, 50314, 50315, 50316, 50317, 50318, 50319, 50320, 50321, 50322, 50323, 50324, 50325, 50327, 50328, 50360, 50361, 50362, 50363, 50368, 50391, 50392, 50398 and 50947

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What's Next?

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