Jasper County, IA

2024 Fair Market Rents

Tags: 2024 Jasper County, IA HUD Metro FMR Area

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The top four largest cities in Jasper County are Newton, Grinnell, Colfax, and Runnells. 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 Jasper County use?

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

Jasper 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.

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

Rent Tables Jasper County, IA

Fair Market Rent (40th Percentile)

$652
studio
$656
1-Bedroom
$862
2-Bedroom
$1,198
3-Bedroom
$1,235
4-Bedroom

Median Rent (50th Percentile)

$664
studio
$668
1-Bedroom
$878
2-Bedroom
$1,220
3-Bedroom
$1,258
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
50055 $790 $830 $990 $1,380 $1,580
50161 $720 $810 $970 $1,330 $1,510
50028 $690 $690 $910 $1,260 $1,300
50054 $720 $810 $970 $1,330 $1,350
50055 $790 $830 $990 $1,380 $1,580
50106 $650 $660 $860 $1,200 $1,240
50112 $680 $680 $900 $1,250 $1,290
50127 $670 $670 $880 $1,220 $1,260
50135 $650 $660 $860 $1,200 $1,240
50137 $650 $660 $860 $1,200 $1,240
50141 $680 $690 $910 $1,260 $1,310
50153 $650 $660 $860 $1,200 $1,240
50161 $720 $810 $970 $1,330 $1,510
50162 $880 $890 $1,170 $1,630 $1,680
50168 $720 $810 $970 $1,330 $1,350
50169 $720 $810 $970 $1,330 $1,350
50170 $650 $660 $860 $1,200 $1,240
50208 $650 $660 $860 $1,200 $1,240
50214 $650 $660 $860 $1,200 $1,240
50228 $780 $810 $1,030 $1,430 $1,480
50232 $770 $780 $1,020 $1,420 $1,460
50234 $650 $660 $860 $1,200 $1,240
50237 $720 $810 $970 $1,330 $1,350
50242 $650 $660 $860 $1,200 $1,240
50251 $670 $670 $880 $1,220 $1,260
50054 $720 $810 $970 $1,330 $1,350
50161 $720 $810 $970 $1,330 $1,510
50168 $720 $810 $970 $1,330 $1,350
50169 $720 $810 $970 $1,330 $1,350
50228 $780 $810 $1,030 $1,430 $1,480
50237 $720 $810 $970 $1,330 $1,350
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50055 $711 $747 $891 $1,242 $1,422
50161 $648 $729 $873 $1,197 $1,359
50028 $621 $621 $819 $1,134 $1,170
50054 $648 $729 $873 $1,197 $1,215
50055 $711 $747 $891 $1,242 $1,422
50106 $585 $594 $774 $1,080 $1,116
50112 $612 $612 $810 $1,125 $1,161
50127 $603 $603 $792 $1,098 $1,134
50135 $585 $594 $774 $1,080 $1,116
50137 $585 $594 $774 $1,080 $1,116
50141 $612 $621 $819 $1,134 $1,179
50153 $585 $594 $774 $1,080 $1,116
50161 $648 $729 $873 $1,197 $1,359
50162 $792 $801 $1,053 $1,467 $1,512
50168 $648 $729 $873 $1,197 $1,215
50169 $648 $729 $873 $1,197 $1,215
50170 $585 $594 $774 $1,080 $1,116
50208 $585 $594 $774 $1,080 $1,116
50214 $585 $594 $774 $1,080 $1,116
50228 $702 $729 $927 $1,287 $1,332
50232 $693 $702 $918 $1,278 $1,314
50234 $585 $594 $774 $1,080 $1,116
50237 $648 $729 $873 $1,197 $1,215
50242 $585 $594 $774 $1,080 $1,116
50251 $603 $603 $792 $1,098 $1,134
50054 $648 $729 $873 $1,197 $1,215
50161 $648 $729 $873 $1,197 $1,359
50168 $648 $729 $873 $1,197 $1,215
50169 $648 $729 $873 $1,197 $1,215
50228 $702 $729 $927 $1,287 $1,332
50237 $648 $729 $873 $1,197 $1,215
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50055 $869 $913 $1,089 $1,518 $1,738
50161 $792 $891 $1,067 $1,463 $1,661
50028 $759 $759 $1,001 $1,386 $1,430
50054 $792 $891 $1,067 $1,463 $1,485
50055 $869 $913 $1,089 $1,518 $1,738
50106 $715 $726 $946 $1,320 $1,364
50112 $748 $748 $990 $1,375 $1,419
50127 $737 $737 $968 $1,342 $1,386
50135 $715 $726 $946 $1,320 $1,364
50137 $715 $726 $946 $1,320 $1,364
50141 $748 $759 $1,001 $1,386 $1,441
50153 $715 $726 $946 $1,320 $1,364
50161 $792 $891 $1,067 $1,463 $1,661
50162 $968 $979 $1,287 $1,793 $1,848
50168 $792 $891 $1,067 $1,463 $1,485
50169 $792 $891 $1,067 $1,463 $1,485
50170 $715 $726 $946 $1,320 $1,364
50208 $715 $726 $946 $1,320 $1,364
50214 $715 $726 $946 $1,320 $1,364
50228 $858 $891 $1,133 $1,573 $1,628
50232 $847 $858 $1,122 $1,562 $1,606
50234 $715 $726 $946 $1,320 $1,364
50237 $792 $891 $1,067 $1,463 $1,485
50242 $715 $726 $946 $1,320 $1,364
50251 $737 $737 $968 $1,342 $1,386
50054 $792 $891 $1,067 $1,463 $1,485
50161 $792 $891 $1,067 $1,463 $1,661
50168 $792 $891 $1,067 $1,463 $1,485
50169 $792 $891 $1,067 $1,463 $1,485
50228 $858 $891 $1,133 $1,573 $1,628
50237 $792 $891 $1,067 $1,463 $1,485

Fair Market Rents on this page apply to the following cities in Jasper County, Iowa: Newton, Grinnell, Colfax, Runnells, Monroe, Mitchellville, Prairie City, Maxwell, Kellogg, Baxter, Sully, Melbourne, Gilman, Collins, Mingo, Otley, Lynnville, Laurel, Rhodes, and Killduff.

These Fair Market Rents also apply to the following ZIP codes in Jasper County, Iowa: 50208, 50112, 50054, 50237, 50170, 50169, 50228, 50161, 50135, 50028, 50251, 50162, 50106, 50055, 50168, 50214, 50153, 50141, 50234, and 50137.

Jasper County, IA is considered part of the following metro FMR area: JASPER COUNTY, IA HUD METRO FMR AREA.

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Data Source

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