Location: St. Louis, MO | Metro: St. Louis, MO-IL HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,180 | $290,418 | 0.41% | F |
| 3BR | $1,520 | $347,787 | 0.44% | F |
U.S. Census Bureau data (2024)
The ZIP code 63013, located in Beaufort, MO, stands out in Franklin County due to its unique demographic and economic characteristics. With only 1,136 residents, it has one of the lowest population densities in the region. Only 1.6% of these residents rent their homes, indicating a strong preference for homeownership. The median income in Beaufort is relatively high at $99,337, which supports the median home value of $309,173, showing that the area is economically robust.
When it comes to Section 8 housing, the data reveals an interesting dynamic. The Fair Market Rent (FMR) for ZIP 63013 is set at $900 for fiscal year 2024. However, there is no available market rent data, suggesting that the demand for rental properties under the Section 8 program might be limited. This could mean that landlords in Beaufort might not see a significant number of Section 8 tenants seeking housing, and thus the impact of the program on the local rental market is minimal.
In terms of voucher economics, the FMR of $900 provides a benchmark for landlords participating in the Section 8 program. Given the high median income and home values, landlords may find that the majority of residents can afford market rates without assistance, reducing the overall reliance on Section 8 vouchers.
The data signature for ZIP 63013 reads as stable. The low percentage of renters combined with high median income and home values suggests a community that is financially secure and has little need for subsidized housing. This stability is further reinforced by the lack of market rent data, indicating a limited presence of rental properties and a focus on homeownership.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.