Lee County, IA

2025 Fair Market Rents

Tags: 2025 Iowa

Return to the state page to see where Iowa ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Lee County are Keokuk, Fort Madison, Donnellson, and Montrose. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Lee County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Lee County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Lee County compare?

Lee County ($921) has a 1.8% lower FMR for 2-Bedroom housing than the average of Iowa ($938) and therefore has a lower gross rent.

Lee County is rank 33rd out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 66 other counties. Lee County is the 33rd most expensive county in terms of FMRs.

Rent Tables Lee County, IA

Fair Market Rent (40th Percentile)

$632
studio
$702
1-Bedroom
$921
2-Bedroom
$1,216
3-Bedroom
$1,221
4-Bedroom

Median Rent (50th Percentile)

$663
studio
$737
1-Bedroom
$967
2-Bedroom
$1,277
3-Bedroom
$1,282
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
52619 $610 $690 $890 $1,170 $1,200
52624 $780 $860 $1,130 $1,490 $1,500
52625 $600 $670 $880 $1,160 $1,160
52626 $640 $750 $880 $1,130 $1,360
52627 $680 $750 $990 $1,310 $1,310
52631 $600 $670 $880 $1,160 $1,160
52632 $620 $690 $900 $1,190 $1,190
52639 $620 $690 $910 $1,200 $1,210
52648 $630 $700 $920 $1,220 $1,220
52657 $600 $670 $880 $1,160 $1,170
52626 $640 $750 $880 $1,130 $1,360
52626 $640 $750 $880 $1,130 $1,360
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
52619 $549 $621 $801 $1,053 $1,080
52624 $702 $774 $1,017 $1,341 $1,350
52625 $540 $603 $792 $1,044 $1,044
52626 $576 $675 $792 $1,017 $1,224
52627 $612 $675 $891 $1,179 $1,179
52631 $540 $603 $792 $1,044 $1,044
52632 $558 $621 $810 $1,071 $1,071
52639 $558 $621 $819 $1,080 $1,089
52648 $567 $630 $828 $1,098 $1,098
52657 $540 $603 $792 $1,044 $1,053
52626 $576 $675 $792 $1,017 $1,224
52626 $576 $675 $792 $1,017 $1,224
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
52619 $671 $759 $979 $1,287 $1,320
52624 $858 $946 $1,243 $1,639 $1,650
52625 $660 $737 $968 $1,276 $1,276
52626 $704 $825 $968 $1,243 $1,496
52627 $748 $825 $1,089 $1,441 $1,441
52631 $660 $737 $968 $1,276 $1,276
52632 $682 $759 $990 $1,309 $1,309
52639 $682 $759 $1,001 $1,320 $1,331
52648 $693 $770 $1,012 $1,342 $1,342
52657 $660 $737 $968 $1,276 $1,287
52626 $704 $825 $968 $1,243 $1,496
52626 $704 $825 $968 $1,243 $1,496

Fair Market Rents on this page apply to the following cities in Lee County, Iowa: Keokuk, Fort Madison, Donnellson, Montrose, Farmington, Argyle, Denmark, Houghton, Pilot Grove, and Saint Paul.

These Fair Market Rents also apply to the following ZIP codes in Lee County, Iowa: 52632, 52627, 52625, 52639, 52626, 52619, 52624, 52631, 52648, and 52657.

More on Lee County, IA

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.