Monroe 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 one largest cities in Monroe County are Albia. 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 Monroe County use?

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

Monroe County ($863) has a 5.1% lower FMR for 2-Bedroom housing than the average of Iowa ($909) and therefore has a lower gross rent.

Monroe County is rank 43rd out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 56 other counties. Monroe County is the 43rd most expensive county in terms of FMRs.

Rent Tables Monroe County, IA

Fair Market Rent (40th Percentile)

$630
studio
$657
1-Bedroom
$863
2-Bedroom
$1,123
3-Bedroom
$1,149
4-Bedroom

Median Rent (50th Percentile)

$673
studio
$701
1-Bedroom
$921
2-Bedroom
$1,199
3-Bedroom
$1,227
4-Bedroom

Fair Market Rents on this page apply to the following city in Monroe County, Iowa: Albia.

These Fair Market Rents also apply to the following ZIP code in Monroe County, Iowa: 52531.

More on Monroe 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.