Logo Shelby County Fair Market Rent FY 2022 Shelby County, IA Rental Data

Fair Market Rent Prices in Shelby County, IA :
$534 $574 $739 $1,050 $1,193
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in Shelby County are low compared to the national average. This FMR area is less expensive than 53% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Shelby County is $739 per month.

The previous year, rent for a two-bedroom home was $715 per month. This is a 3.36% increase year-over-year.

This FMR rate applies to Kirkman, IA, Panama, IA, Westphalia, IA, Irwin, IA, Harlan, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19165N19165.

Additionally, This Fair Market Rent (FMR) area Shelby County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Shelby County, IA FMR area is 0 people based on 2000 Census data.

Compared to the rest of Iowa, the Shelby County FMR area is more expensive than 64% 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 Shelby County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Shelby 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 $ 534
1-BR 1-Bedroom $ 574
2-BR 2-Bedroom $ 739
3-BR 3-Bedroom $ 1050
4-BR 4-Bedroom $ 1193
Change Year:

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

County / Region Est. Population
, IA 0
Zip Codes in Shelby County, IA

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

51446, 51447, 51537, 51562 and 51578

Lookup Fair Market Rent by Zip Code