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RentData.org Logo Cerro Gordo County Fair Market Rent FY 2018 Cerro Gordo County, IA Rental Data

Fair Market Rent Prices in Cerro Gordo County, IA :
$459 $541 $720 $931 $1,127
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Cerro Gordo County are low compared to the national average. This FMR area is less expensive than 54% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cerro Gordo County is $720 per month.

The previous year, rent for a two-bedroom home was $707 per month. This is a 1.84% increase year-over-year.

This FMR rate applies to Fertile, IA, Hanlontown, IA, Meservey, IA, Swaledale, IA, Rock Falls, IA, Thornton, IA, Plymouth, IA, Klemme, IA, Ventura, IA, Rockford, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19033N19033.

Additionally, This Fair Market Rent (FMR) area Cerro Gordo County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Cerro Gordo County, IA FMR area is 44,151 people based on latest Census data.

Compared to the rest of Iowa, the Cerro Gordo County FMR area is more expensive than 84% 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 Cerro Gordo County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cerro Gordo County

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 $ 485
1-BR 1-Bedroom $ 572
2-BR 2-Bedroom $ 761
3-BR 3-Bedroom $ 984
4-BR 4-Bedroom $ 1191
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Cerro Gordo County, IA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Rochestr - Mason City - Austin and Des Moines - Ames.

County / Region Est. Population
Cerro Gordo County, IA 44,151
Zip Codes in Cerro Gordo County, IA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

50401, 50402, 50428, 50434, 50444, 50449, 50456, 50457, 50458, 50464, 50467, 50468, 50469, 50475, 50477, 50479 and 50482

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