See all rent data for Cerro Gordo County, IA →
Fair Market Rent in 50402 — Cerro Gordo County, IA
The HUD Fair Market Rent for a 1-bedroom in 50402 (Cerro Gordo County, IA) is $750/month for FY2026. Limited market trend data is available for this area. Studio: $750. 2-bedroom: $950.
Fair Market Rent · 1-Bedroom
$750/mo
Source: HUD Fair Market Rent
This area has limited data coverage. For more detailed rent data, see the city-level analysis for Cerro Gordo County.
Data through
The HUD Fair Market Rent for a 1-bedroom in 50402 (Cerro Gordo County, IA) is $750 for FY2026.
Rents in 50402 have increased 5.6% year-over-year based on HUD Fair Market Rent.
The confidence level for this estimate is limited based on 1 data source.
Based on HUD Fair Market Rent, a fair rent increase in Cerro Gordo County (50402) is approximately 5.6% for 2026. The typical 1-bedroom rent is $750/month. Any increase significantly above 5.6% exceeds the local market trend and may be worth negotiating.
Sources: HUD Fair Market Rent, HUD SAFMR FY2026, Rentcast. Updated October 2025.
What Should Rent Cost in 50402 (Cerro Gordo County)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 50402 (Cerro Gordo County) typically rents for $750 – $862.
Rents above $991 are in the top 25% for this area.
A 1-bedroom in 50402 (Cerro Gordo County) typically rents for $750 – $862.
Rents above $991 are in the top 25% for this area.
A 2-bedroom in 50402 (Cerro Gordo County) typically rents for $950 – $1,093.
Rents above $1,257 are in the top 25% for this area.
A 3-bedroom in 50402 (Cerro Gordo County) typically rents for $1,230 – $1,415.
Rents above $1,627 are in the top 25% for this area.
A 4-bedroom in 50402 (Cerro Gordo County) typically rents for $1,450 – $1,667.
Rents above $1,917 are in the top 25% for this area.
Current Asking Rents in 50402
What are apartments actually renting for near 50402? Click below to see live asking rents from current listings.
Live market data · Updated daily
▶Full market data
Federal Rent Benchmarks for 50402
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Cerro Gordo County, IA area, not zip-specific rates.
| Bedroom Size | Fair Market Rent |
|---|---|
| Studio | $750 |
| 1-Bedroom | $750 |
| 2-Bedroom | $950 |
| 3-Bedroom | $1,230 |
| 4-Bedroom | $1,450 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 50402
What is the average 1-bedroom rent in 50402?
The HUD Fair Market Rent for a 1-bedroom in 50402 (Cerro Gordo County, IA) is $750/month for FY2026. This page also shows benchmark rents for studios and 2-bedroom apartments in the same area.
What is a fair rent increase in 50402?
A rent increase up to about 5.6% is in line with the recent local market trend in 50402. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 50402?
Rents in 50402 have risen 5.6% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 50402?
On this page, studio rent in 50402 is $750/month and 2-bedroom rent is $950/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
Renting in Cerro Gordo County, IA? Your rent could be building your credit.
Report your monthly rent payments to all 3 credit bureaus — the same ones your next landlord will check. Takes 2 minutes to set up.
RenewalReply may earn a commission at no cost to you. Learn more
Renters insurance from $5/mo
Protect your belongings from theft, fire, and water damage. Takes 2 minutes and most landlords require it.
RenewalReply may earn a commission at no cost to you. Learn more
Renter Tools
Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 50402 ($750/mo) — useful for comparing what your rent gets you in other markets.
Other Zip Codes in Cerro Gordo County, IA
| Zip Code | Location | 1-BR Fair Market Rent |
|---|---|---|
| 50467 | Cerro Gordo County, IA | $810 |
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →