Sioux City Fair Market Rent FY 2014 Sioux City, IA-NE-SD MSA Rental Data

Fair Market Rent prices in Sioux City are average compared to the national average. This FMR area is more expensive than 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sioux City is $696 per month.

The previous year, rent for a two-bedroom home was $657 per month. This is a 5.94% increase 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 MSA spans four counties or cities in Iowa, Nebraska and South Dakota which ares listed in the table below. Estimated population of Sioux City, IA-NE-SD MSA FMR area is 143,577 people based on latest Census data.

Compared to the rest of Iowa, the Sioux City FMR area is more expensive than 89% of the state.

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.

50^th Percentile Rental Prices: