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RentData.org Logo Sioux City Fair Market Rent FY 2021 Sioux City, IA-NE-SD HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Sioux City, IA :
$549 $631 $832 $1,035 $1,128
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Sioux City are average compared to the national average. This FMR area is more expensive than 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sioux City is $832 per month.

The previous year, rent for a two-bedroom home was $803 per month. This is a 3.61% increase year-over-year.

This FMR rate applies to Climbing Hill, IA, Oto, IA, Bronson, IA, Salix, IA, Anthon, IA, Lawton, IA, Moville, IA, Sergeant Bluff, IA, Sioux City, IA and other cities within the region. The Metro Code or CBSA code for this region is METRO43580M43580.

Additionally, This Fair Market Rent (FMR) area Sioux City, IA-NE-SD HUD Metro FMR Area spans one county or city in Iowa which is listed in the table below. Estimated population of Sioux City, IA-NE-SD HUD Metro FMR Area FMR area is 102,395 people based on latest Census data.

Compared to the rest of Iowa, the Sioux City FMR area is more expensive than 85% 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 Sioux City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Sioux City

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 $ 577
1-BR 1-Bedroom $ 664
2-BR 2-Bedroom $ 875
3-BR 3-Bedroom $ 1088
4-BR 4-Bedroom $ 1187
Change Year:
2016 2017 2018 2019 2020 2021

There is just one county (listed below) within the Sioux City, IA-NE-SD HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sioux City.

County / Region Est. Population
Sioux City, IA Metro 102,395
Zip Codes in Sioux City, IA-NE-SD HUD Metro FMR Area

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

51004, 51007, 51015, 51030, 51039, 51044, 51052, 51054, 51101, 51102, 51103, 51104, 51105, 51106 and 51111

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What's Next?

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