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RentData.org Logo Fayette County Fair Market Rent FY 2019 Fayette County, IA Rental Data

Fair Market Rent Prices in Fayette County, IA :
$481 $502 $664 $832 $898
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 Fayette County are very low compared to the national average. This FMR area is less expensive than 93% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fayette County is $664 per month.

The previous year, rent for a two-bedroom home was $650 per month. This is a 2.15% increase year-over-year.

This FMR rate applies to Randalia, IA, Oran, IA, Saint Lucas, IA, Westgate, IA, Castalia, IA, Maynard, IA, Hawkeye, IA, Fayette, IA, Ossian, IA, West Union, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19065N19065.

Additionally, This Fair Market Rent (FMR) area Fayette County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Fayette County, IA FMR area is 20,880 people based on 2010 Census data.

Compared to the rest of Iowa, the Fayette County FMR area is less expensive than 94% 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 Fayette County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Fayette 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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

There is just one county (listed below) within the Fayette County, IA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Cedar Rapids - Wtrlo - Iwc&dub.

County / Region Est. Population
Fayette County, IA 20,880
Zip Codes in Fayette County, IA

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

50655, 50664, 50681, 52133, 52142, 52147, 52161, 52164, 52166 and 52175

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