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RentData.org Logo Sioux City Fair Market Rent FY 2020 Sioux City, IA-NE-SD HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Sioux City, IA :
$523 $610 $803 $1,001 $1,088
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Sioux City are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sioux City is $803 per month.

The previous year, rent for a two-bedroom home was $820 per month. This is a 2.07% decrease year-over-year.

This FMR rate applies to Maskell, NE, Climbing Hill, IA, Dixon, NE, Oto, IA, Waterbury, NE, Concord, NE, Jackson, NE, Hubbard, NE, Bronson, IA, Homer, NE and other cities within the region. The Metro Code or CBSA code for this region is METRO43580M43580.

Additionally, This Fair Market Rent (FMR) area Sioux City, IA-NE-SD HUD Metro FMR Area spans four counties or cities in which ares listed in the table below. Estimated population of Sioux City, IA-NE-SD HUD Metro FMR Area FMR area is 143,620 people based on latest Census data.

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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 Sioux City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Sioux City

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 $ 556
1-BR 1-Bedroom $ 648
2-BR 2-Bedroom $ 854
3-BR 3-Bedroom $ 1064
4-BR 4-Bedroom $ 1157
Change Year:

The counties, cities, towns, and regions listed below fall into the Sioux City, IA-NE-SD HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Sioux City.

County / Region Est. Population
Woodbury County, IA Metro 102,395
Dakota County, NE Metro 20,530
Dixon County, NE Metro 5,765
Union County, SD Metro 14,930
Zip Codes in Sioux City, IA-NE-SD HUD Metro FMR Area

There are 32 unique zip codes in this Fair Market Rent (FMR) area:

51004, 51007, 51015, 51030, 51039, 51044, 51052, 51054, 51101, 51102, 51103, 51104, 51105, 51106, 51111, 57025, 57038, 57049, 68030, 68710, 68728, 68731, 68732, 68733, 68741, 68743, 68751, 68770, 68776, 68784, 68785 and 68787

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