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RentData.org Logo Cape Girardeau-Jackson Fair Market Rent FY 2015 Cape Girardeau-Jackson, MO-IL MSA Rental Data

Fair Market Rent Prices in Cape Girardeau-Jackson, IL :
$378 $470 $636 $825 $1,006
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Cape Girardeau-Jackson are very low compared to the national average. This FMR area is less expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cape Girardeau-Jackson is $636 per month.

The previous year, rent for a two-bedroom home was $679 per month. This is a 6.33% decrease year-over-year.

This FMR rate applies to Miller City, IL, Unity, IL, Olive Branch, IL, Ullin, IL, Mc Clure, IL, Thebes, IL, Tamms, IL, Cairo, IL, Jonesboro, IL and other cities within the region. The Metro Code or CBSA code for this region is METRO16020M16020.

Additionally, This Fair Market Rent (FMR) area Cape Girardeau-Jackson, MO-IL MSA spans one county or city in Illinois which is listed in the table below. Estimated population of Cape Girardeau-Jackson, MO-IL MSA FMR area is 8,238 people based on latest Census data.

Compared to the rest of Illinois, the Cape Girardeau-Jackson FMR area is less expensive than 72% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cape Girardeau-Jackson. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cape Girardeau-Jackson

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 398
1-BR 1-Bedroom $ 494
2-BR 2-Bedroom $ 669
3-BR 3-Bedroom $ 868
4-BR 4-Bedroom $ 1058
Change Year:
2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Cape Girardeau-Jackson, MO-IL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Paducah - Cape Girar D - Harsbg.

County / Region Est. Population
Cape Girardeau-Jackson, IL Metro 8,238
Zip Codes in Cape Girardeau-Jackson, MO-IL MSA

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

62914, 62952, 62957, 62962, 62969, 62988, 62990, 62992 and 62993

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What's Next?

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