Butler County, IA

2024 Fair Market Rents

Tags: 2024 Iowa

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 Butler County are Parkersburg, Ackley, Clarksville, and Greene. 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 Butler County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Butler 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 Butler County compare?

Butler County ($862) has a 5.2% lower FMR for 2-Bedroom housing than the average of Iowa ($909) and therefore has a lower gross rent.

Butler County is rank 45th out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 54 other counties. Butler County is the 45th most expensive county in terms of FMRs.

Rent Tables Butler County, IA

Fair Market Rent (40th Percentile)

$630
studio
$656
1-Bedroom
$862
2-Bedroom
$1,100
3-Bedroom
$1,333
4-Bedroom

Median Rent (50th Percentile)

$630
studio
$656
1-Bedroom
$862
2-Bedroom
$1,100
3-Bedroom
$1,333
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
50601 $580 $670 $860 $1,140 $1,460
50604 $580 $670 $860 $1,140 $1,460
50660 $580 $670 $860 $1,140 $1,460
50665 $580 $670 $860 $1,140 $1,460
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50601 $522 $603 $774 $1,026 $1,314
50604 $522 $603 $774 $1,026 $1,314
50660 $522 $603 $774 $1,026 $1,314
50665 $522 $603 $774 $1,026 $1,314
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50601 $638 $737 $946 $1,254 $1,606
50604 $638 $737 $946 $1,254 $1,606
50660 $638 $737 $946 $1,254 $1,606
50665 $638 $737 $946 $1,254 $1,606

Fair Market Rents on this page apply to the following cities in Butler County, Iowa: Parkersburg, Ackley, Clarksville, Greene, Aplington, Allison, New Hartford, Dumont, Dougherty, Aredale, Austinville, Bristow, and Kesley.

These Fair Market Rents also apply to the following ZIP codes in Butler County, Iowa: 50665, 50601, 50619, 50636, 50604, 50602, 50660, 50625, 50433, 50605, 50608, 50611, and 50649.

More on Butler County, IA

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Data Source

HUD Seal

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