Jefferson 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 Jefferson County are Fairfield, Hedrick, Brighton, and Batavia. 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 Jefferson County use?

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

Jefferson County ($976) has a 7.4% higher FMR for 2-Bedroom housing than the average of Iowa ($909) and therefore a higher gross rent.

Jefferson County is rank 22nd out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 77 other counties. Jefferson County is the 22nd most expensive county in terms of FMRs.

Rent Tables Jefferson County, IA

Fair Market Rent (40th Percentile)

$738
studio
$743
1-Bedroom
$976
2-Bedroom
$1,180
3-Bedroom
$1,300
4-Bedroom

Median Rent (50th Percentile)

$789
studio
$794
1-Bedroom
$1,043
2-Bedroom
$1,261
3-Bedroom
$1,389
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
52540 $0 $660 $860 $1,060 $1,210
52585 $0 $660 $860 $1,060 $1,210
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
52540 $522 $594 $774 $954 $1,089
52585 $522 $594 $774 $954 $1,089
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
52540 $638 $726 $946 $1,166 $1,331
52585 $638 $726 $946 $1,166 $1,331

Fair Market Rents on this page apply to the following cities in Jefferson County, Iowa: Fairfield, Hedrick, Brighton, Batavia, Richland, Birmingham, Stockport, Libertyville, Ollie, and Packwood.

These Fair Market Rents also apply to the following ZIP codes in Jefferson County, Iowa: 52556, 52563, 52540, 52533, 52585, 52535, 52651, 52567, 52576, 52557, and 52580.

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Data Source

HUD Seal

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