Lee 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 Lee County are Keokuk, Fort Madison, Donnellson, and Montrose. 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 Lee County use?

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

Lee County ($882) has a 3% lower FMR for 2-Bedroom housing than the average of Iowa ($909) and therefore has a lower gross rent.

Lee County is rank 37th out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 62 other counties. Lee County is the 37th most expensive county in terms of FMRs.

Rent Tables Lee County, IA

Fair Market Rent (40th Percentile)

$598
studio
$672
1-Bedroom
$882
2-Bedroom
$1,185
3-Bedroom
$1,207
4-Bedroom

Median Rent (50th Percentile)

$630
studio
$707
1-Bedroom
$929
2-Bedroom
$1,249
3-Bedroom
$1,271
4-Bedroom

Fair Market Rents on this page apply to the following cities in Lee County, Iowa: Keokuk, Fort Madison, Donnellson, Montrose, Farmington, Argyle, Denmark, Houghton, Pilot Grove, and Saint Paul.

These Fair Market Rents also apply to the following ZIP codes in Lee County, Iowa: 52632, 52627, 52625, 52639, 52626, 52619, 52624, 52631, 52648, and 52657.

More on Lee County, IA

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Data Source

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