Location: Scotland County, MO | Metro: Van Buren County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The ZIP code 52573 is located in a county with a distinct data signature that sets it apart from other areas. With only 148 residents, it has a very low population density, making it one of the smallest communities in terms of size. Despite this, 11.7% of the residents rent their homes, indicating a modest but present rental market. The median income in this area stands at $35,179, which is relatively low compared to national averages.
Regarding the Section 8 voucher program, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $960. However, there is no available data on the median home value or the market rent for ZIP 52573 specifically. This lack of information suggests that the rental market might be underdeveloped or that the data collection process for this ZIP code is insufficient.
The economic dynamics of the voucher system in ZIP 52573 are somewhat limited due to the absence of market rent data. Landlords and small-portfolio investors should consider the FMR of $960 as a guideline for setting rental prices that would be covered by vouchers. Without comparative market rent figures, it's challenging to assess how competitive these prices are within the local rental market.
The data signature for ZIP 52573 reads as transitional rather than stable. The small population and the lack of comprehensive economic data suggest that this community could be evolving, possibly expanding or developing its rental market. Investors should keep an eye on future updates to the median home value and market rent to better understand the economic stability of this area.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.