Franklin County, IA

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 Franklin County are Iowa Falls, Hampton, Alden, and Dows. 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 Franklin County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Franklin 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 Franklin County compare?

Franklin 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.

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

Rent Tables Franklin County, IA

Fair Market Rent (40th Percentile)

Median Rent (50th Percentile)

Related Areas

Fair Market Rents on this page apply to the following cities in Franklin County, Iowa: Iowa Falls, Hampton, Alden, Dows, Latimer, Bradford, Alexander, Chapin, Coulter, and Geneva.

These Fair Market Rents also apply to the following ZIP codes in Franklin County, Iowa: 50126, 50441, 50006, 50071, 50452, 50041, 50420, 50427, 50431, and 50633.

More on Franklin County, IA

• Loan Limits to view maximum loan amounts in Franklin County, IA
• Property Taxes to find local Property Taxes
• Income Limits to learn more about income assistance in your area
• Housing Authorites to find your local Housing Authorities

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