Fayette County, IA

2024 Fair Market Rents

Tags: 2024 40th percentile 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 Fayette County are West Union, Ossian, Fayette, and Hawkeye. 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 Fayette County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Fayette County uses 40th percentile Fair Market Rents.

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 Fayette County compare?

Fayette 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.

Fayette 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. Fayette County is the 45th most expensive county in terms of FMRs.

Rent Tables Fayette County, IA

Fair Market Rent (40th Percentile)

$584
studio
$656
1-Bedroom
$862
2-Bedroom
$1,093
3-Bedroom
$1,463
4-Bedroom

Median Rent (50th Percentile)

$588
studio
$660
1-Bedroom
$867
2-Bedroom
$1,099
3-Bedroom
$1,471
4-Bedroom

Fair Market Rents on this page apply to the following cities in Fayette County, Iowa: West Union, Ossian, Fayette, Hawkeye, Maynard, Castalia, Oran, Westgate, Randalia, and Saint Lucas.

These Fair Market Rents also apply to the following ZIP codes in Fayette County, Iowa: 52175, 52161, 52142, 52147, 50655, 52133, 50664, 50681, 52164, and 52166.

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Data Source

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