Location: Pike County, MO | Metro: Pike County, MO
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 | $760 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $98,199 | 1.05% | B |
| 3BR | $1,230 | $177,200 | 0.69% | D |
U.S. Census Bureau data (2024)
The classification of ZIP code 63353 in Louisiana, MO, hinges on the interplay between yield potential and market stability. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $920, while the actual market rent stands at $684. This discrepancy suggests that properties in this area can potentially command higher rents if they meet the quality standards required under the FMR guidelines. However, the median home value of $148,077 indicates that the investment cost is relatively low compared to the FMR, which could lead to a higher rental yield once the property is rented out at FMR rates.
In terms of stability, the ZIP code shows a significant portion of its population as renters—30.3%. While the days on market (DOM) data is not available, the median household income of $46,875 provides a hint about the economic backdrop. Given that the income level is lower than the FMR but higher than the market rent, there is an indication that the local economy supports some rental activity but might struggle to sustain a high volume of property flipping due to the income constraints.
Based on these figures, ZIP 63353 leans towards being a steady-cashflow zone. The potential for higher yields exists, but it's tempered by the economic realities of the area. Landlords and small-portfolio investors should focus on maintaining a balance between rental income and property management costs, given the moderate income levels and the significant difference between market rent and FMR. This approach ensures a reliable cash flow without overextending into riskier, high-yield strategies that might be unsustainable in the long term.
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.