Lyon County, IA

2024 Fair Market Rents

Tags: 2024 40th percentile Iowa

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The top four largest cities in Lyon County are Sheldon, Rock Valley, Sibley, and Rock Rapids. 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 Lyon County use?

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

Lyon 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.

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

Rent Tables Lyon County, IA

Fair Market Rent (40th Percentile)

$630
studio
$750
1-Bedroom
$862
2-Bedroom
$1,042
3-Bedroom
$1,300
4-Bedroom

Median Rent (50th Percentile)

$652
studio
$777
1-Bedroom
$893
2-Bedroom
$1,080
3-Bedroom
$1,346
4-Bedroom

Fair Market Rents on this page apply to the following cities in Lyon County, Iowa: Sheldon, Rock Valley, Sibley, Rock Rapids, Hull, George, Larchwood, Inwood, Boyden, Doon, Ashton, Little Rock, Alvord, and Lester.

These Fair Market Rents also apply to the following ZIP codes in Lyon County, Iowa: 51201, 51247, 51249, 51246, 51239, 51237, 51241, 51240, 51234, 51235, 51232, 51243, 51230, and 51242.

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Data Source

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