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RentData.org Logo Union County Fair Market Rent FY 2022 Union County, IA Rental Data

Fair Market Rent Prices in Union County, IA :
$546 $634 $739 $1,012 $1,016
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 Union County are low compared to the national average. This FMR area is less expensive than 68% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Union County is $739 per month.

The previous year, rent for a two-bedroom home was $715 per month. This is a 3.36% increase year-over-year.

This FMR rate applies to Arispe, IA, Cromwell, IA, Afton, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19175N19175.

Additionally, This Fair Market Rent (FMR) area Union County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Union County, IA FMR area is 12,495 people based on latest Census data.

Compared to the rest of Iowa, the Union County FMR area is less expensive than 57% 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 Union County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Union 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 $ 546
1-BR 1-Bedroom $ 634
2-BR 2-Bedroom $ 739
3-BR 3-Bedroom $ 1012
4-BR 4-Bedroom $ 1016
Change Year:

There is just one county (listed below) within the Union County, IA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Des Moines - Ames.

County / Region Est. Population
Union County, IA 12,495
Zip Codes in Union County, IA

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

50830, 50831 and 50842

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