Wayne 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 Wayne County are Allerton, Clio, Millerton, and Promise City. 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 Wayne County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Wayne 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 Wayne County compare?

Wayne County ($877) has a 6.5% lower FMR for 2-Bedroom housing than the average of Iowa ($938) and therefore has a lower gross rent.

Wayne County is rank 44th out of 99 counties. This means the FMRs, or in other words, the gross rent is higher than 55 other counties. Wayne County is the 44th most expensive county in terms of FMRs.

Rent Tables Wayne County, IA

Fair Market Rent (40th Percentile)

$646
studio
$712
1-Bedroom
$877
2-Bedroom
$1,057
3-Bedroom
$1,163
4-Bedroom

Median Rent (50th Percentile)

$646
studio
$712
1-Bedroom
$877
2-Bedroom
$1,057
3-Bedroom
$1,163
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
50008 $650 $710 $880 $1,060 $1,160
50052 $650 $710 $880 $1,060 $1,180
50165 $690 $760 $940 $1,130 $1,250
52583 $710 $760 $970 $1,190 $1,290
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50008 $585 $639 $792 $954 $1,044
50052 $585 $639 $792 $954 $1,062
50165 $621 $684 $846 $1,017 $1,125
52583 $639 $684 $873 $1,071 $1,161
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
50008 $715 $781 $968 $1,166 $1,276
50052 $715 $781 $968 $1,166 $1,298
50165 $759 $836 $1,034 $1,243 $1,375
52583 $781 $836 $1,067 $1,309 $1,419

Fair Market Rents on this page apply to the following cities in Wayne County, Iowa: Allerton, Clio, Millerton, and Promise City.

These Fair Market Rents also apply to the following ZIP codes in Wayne County, Iowa: 50008, 50052, 50165, and 52583.

More on Wayne County, IA

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Data Source

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