Section 8 Fair Market Rent (FMR) for ZIP 63060 - 2027

Location: Washington County, MO | Metro: St. Louis, MO-IL HUD Metro FMR Area

Investment Score for ZIP 63060

F
Monthly Rent (2BR)
$1,160
Median Price (2BR)
$234,375
1% Rule
0.49%
Annual Yield
5.94%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$900
1 Bedroom$950
2 Bedrooms$1,160
3 Bedrooms$1,490
4 Bedrooms$1,710
5 Bedrooms$1,984
6 Bedrooms$2,222
7 Bedrooms$2,400
8 Bedrooms$2,520

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,160 $234,375 0.49% F
3BR $1,490 $330,060 0.45% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,192
Median Household Income
$54,926
Housing Units
960
Renter Percentage
2.6%
Occupancy Rate
92.6%
Renter Occupied
23

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.