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RentData.org Logo Wayne County Fair Market Rent FY 2006 Wayne County, IA Rental Data

Fair Market Rent Prices in Wayne County, IA :
$340 $379 $498 $608 $679
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 Wayne County are very low compared to the national average. This FMR area is less expensive than 82% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Wayne County is $498 per month.

This FMR rate applies to Clio, IA, Millerton, IA, Promise City, IA, Allerton, IA and other cities within the region. The Metro Code or CBSA code for this region is NCNTY19185N19185.

Additionally, This Fair Market Rent (FMR) area Wayne County, IA spans one county or city in Iowa which is listed in the table below. Estimated population of Wayne County, IA FMR area is 6,730 people based on latest Census data.

Compared to the rest of Iowa, the Wayne County FMR area is less expensive than 98% 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 Wayne County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Wayne 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 $ 360
1-BR 1-Bedroom $ 404
2-BR 2-Bedroom $ 525
3-BR 3-Bedroom $ 644
4-BR 4-Bedroom $ 736
Change Year:

There is just one county (listed below) within the Wayne 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
Wayne County, IA 6,730
Zip Codes in Wayne County, IA

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

50008, 50052, 50165 and 52583

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