Mills County, IA

2024 Fair Market Rents

Tags: 2024 Omaha-Council Bluffs, NE-IA HUD Metro FMR Area

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The top four largest cities in Mills County are Council Bluffs, Glenwood, Pacific Junction, and Emerson. 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 Mills County use?

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

Mills County ($1,170) has a 28.7% higher FMR for 2-Bedroom housing than the average of Iowa ($909) and therefore a higher gross rent.

Mills County is rank 1st out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Mills County is the most expensive county in terms of FMRs.

Rent Tables Mills County, IA

Fair Market Rent (40th Percentile)

$895
studio
$971
1-Bedroom
$1,170
2-Bedroom
$1,562
3-Bedroom
$1,733
4-Bedroom

Median Rent (50th Percentile)

$955
studio
$1,037
1-Bedroom
$1,249
2-Bedroom
$1,668
3-Bedroom
$1,850
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
51503 $810 $880 $1,060 $1,420 $1,570
51533 $730 $800 $980 $1,310 $1,450
51534 $800 $860 $1,040 $1,390 $1,540
51540 $790 $860 $1,050 $1,400 $1,560
51541 $730 $800 $980 $1,310 $1,450
51549 $730 $800 $980 $1,310 $1,450
51554 $800 $860 $1,040 $1,390 $1,540
51561 $840 $910 $1,100 $1,470 $1,630
51571 $760 $820 $990 $1,320 $1,470
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
51503 $729 $792 $954 $1,278 $1,413
51533 $657 $720 $882 $1,179 $1,305
51534 $720 $774 $936 $1,251 $1,386
51540 $711 $774 $945 $1,260 $1,404
51541 $657 $720 $882 $1,179 $1,305
51549 $657 $720 $882 $1,179 $1,305
51554 $720 $774 $936 $1,251 $1,386
51561 $756 $819 $990 $1,323 $1,467
51571 $684 $738 $891 $1,188 $1,323
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
51503 $891 $968 $1,166 $1,562 $1,727
51533 $803 $880 $1,078 $1,441 $1,595
51534 $880 $946 $1,144 $1,529 $1,694
51540 $869 $946 $1,155 $1,540 $1,716
51541 $803 $880 $1,078 $1,441 $1,595
51549 $803 $880 $1,078 $1,441 $1,595
51554 $880 $946 $1,144 $1,529 $1,694
51561 $924 $1,001 $1,210 $1,617 $1,793
51571 $836 $902 $1,089 $1,452 $1,617

Fair Market Rents on this page apply to the following cities in Mills County, Iowa: Council Bluffs, Glenwood, Pacific Junction, Emerson, Silver City, Hastings, Henderson, Macedonia, and Mineola.

These Fair Market Rents also apply to the following ZIP codes in Mills County, Iowa: 51503, 51534, 51561, 51533, 51571, 51540, 51541, 51549, and 51554.

Mills County, IA is considered part of the following metro FMR area: OMAHA-COUNCIL BLUFFS, NE-IA HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Harrison County, IA, and Pottawattamie 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.