Black Hawk County, IA

2024 Fair Market Rents

Tags: 2024 Waterloo-Cedar Falls, IA HUD Metro FMR Area

Return to the state page to see where Iowa ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Black Hawk County are Cedar Falls, Waterloo, Evansdale, and Jesup. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Black Hawk County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Black Hawk County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Black Hawk County compare?

Black Hawk County ($944) has a 3.9% higher FMR for 2-Bedroom housing than the average of Iowa ($909) and therefore a higher gross rent.

Black Hawk County is rank 21st out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 78 other counties. Black Hawk County is the 21st most expensive county in terms of FMRs.

Rent Tables Black Hawk County, IA

Fair Market Rent (40th Percentile)

$640
studio
$737
1-Bedroom
$944
2-Bedroom
$1,250
3-Bedroom
$1,602
4-Bedroom

Median Rent (50th Percentile)

$684
studio
$788
1-Bedroom
$1,009
2-Bedroom
$1,336
3-Bedroom
$1,712
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50612 $660 $760 $970 $1,290 $1,620
50613 $730 $840 $1,070 $1,420 $1,820
50622 $640 $670 $880 $1,130 $1,440
50623 $640 $740 $950 $1,260 $1,610
50626 $580 $670 $860 $1,140 $1,460
50629 $630 $690 $900 $1,150 $1,440
50634 $580 $670 $860 $1,140 $1,460
50643 $730 $840 $1,070 $1,420 $1,820
50647 $620 $670 $860 $1,120 $1,440
50648 $600 $690 $890 $1,180 $1,510
50667 $630 $730 $930 $1,230 $1,580
50668 $630 $670 $860 $1,120 $1,440
50669 $580 $670 $860 $1,140 $1,460
50675 $640 $740 $950 $1,260 $1,610
50701 $620 $720 $920 $1,220 $1,560
50702 $640 $730 $940 $1,240 $1,600
50703 $650 $750 $960 $1,270 $1,630
50704 $640 $740 $950 $1,260 $1,610
50707 $620 $710 $910 $1,200 $1,540
50613 $730 $840 $1,070 $1,420 $1,820
50622 $640 $670 $880 $1,130 $1,440
50626 $580 $670 $860 $1,140 $1,460
50629 $630 $690 $900 $1,150 $1,440
50647 $620 $670 $860 $1,120 $1,440
50668 $630 $670 $860 $1,120 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50612 $594 $684 $873 $1,161 $1,458
50613 $657 $756 $963 $1,278 $1,638
50622 $576 $603 $792 $1,017 $1,296
50623 $576 $666 $855 $1,134 $1,449
50626 $522 $603 $774 $1,026 $1,314
50629 $567 $621 $810 $1,035 $1,296
50634 $522 $603 $774 $1,026 $1,314
50643 $657 $756 $963 $1,278 $1,638
50647 $558 $603 $774 $1,008 $1,296
50648 $540 $621 $801 $1,062 $1,359
50667 $567 $657 $837 $1,107 $1,422
50668 $567 $603 $774 $1,008 $1,296
50669 $522 $603 $774 $1,026 $1,314
50675 $576 $666 $855 $1,134 $1,449
50701 $558 $648 $828 $1,098 $1,404
50702 $576 $657 $846 $1,116 $1,440
50703 $585 $675 $864 $1,143 $1,467
50704 $576 $666 $855 $1,134 $1,449
50707 $558 $639 $819 $1,080 $1,386
50613 $657 $756 $963 $1,278 $1,638
50622 $576 $603 $792 $1,017 $1,296
50626 $522 $603 $774 $1,026 $1,314
50629 $567 $621 $810 $1,035 $1,296
50647 $558 $603 $774 $1,008 $1,296
50668 $567 $603 $774 $1,008 $1,296
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50612 $726 $836 $1,067 $1,419 $1,782
50613 $803 $924 $1,177 $1,562 $2,002
50622 $704 $737 $968 $1,243 $1,584
50623 $704 $814 $1,045 $1,386 $1,771
50626 $638 $737 $946 $1,254 $1,606
50629 $693 $759 $990 $1,265 $1,584
50634 $638 $737 $946 $1,254 $1,606
50643 $803 $924 $1,177 $1,562 $2,002
50647 $682 $737 $946 $1,232 $1,584
50648 $660 $759 $979 $1,298 $1,661
50667 $693 $803 $1,023 $1,353 $1,738
50668 $693 $737 $946 $1,232 $1,584
50669 $638 $737 $946 $1,254 $1,606
50675 $704 $814 $1,045 $1,386 $1,771
50701 $682 $792 $1,012 $1,342 $1,716
50702 $704 $803 $1,034 $1,364 $1,760
50703 $715 $825 $1,056 $1,397 $1,793
50704 $704 $814 $1,045 $1,386 $1,771
50707 $682 $781 $1,001 $1,320 $1,694
50613 $803 $924 $1,177 $1,562 $2,002
50622 $704 $737 $968 $1,243 $1,584
50626 $638 $737 $946 $1,254 $1,606
50629 $693 $759 $990 $1,265 $1,584
50647 $682 $737 $946 $1,232 $1,584
50668 $693 $737 $946 $1,232 $1,584

Fair Market Rents on this page apply to the following cities in Black Hawk County, Iowa: Cedar Falls, Waterloo, Evansdale, Jesup, Denver, Hudson, Reinbeck, Traer, Fairbank, Janesville, Dunkerton, Readlyn, Gilbertville, Raymond, Dewar, and Buckingham.

These Fair Market Rents also apply to the following ZIP codes in Black Hawk County, Iowa: 50613, 50701, 50702, 50703, 50707, 50648, 50622, 50643, 50669, 50675, 50629, 50647, 50626, 50668, 50704, 50634, 50667, 50623, 50614, and 50612.

Black Hawk County, IA is considered part of the following metro FMR area: WATERLOO-CEDAR FALLS, IA HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Grundy County, IA.

More on Black Hawk County, IA

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Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.