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 | $1,060 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,730 |
| 4 Bedrooms | $2,000 |
| 5 Bedrooms | $2,320 |
| 6 Bedrooms | $2,598 |
| 7 Bedrooms | $2,806 |
| 8 Bedrooms | $2,946 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,350 | $255,885 | 0.53% | F |
| 3BR | $1,730 | $340,751 | 0.51% | F |
| 4BR | $2,000 | $414,493 | 0.48% | F |
U.S. Census Bureau data (2024)
In Moscow Mills, Missouri (ZIP 63362), the real estate landscape is currently marked by a median home value of $336,955. This figure, combined with the observation that only 0.2% of listings have seen price reductions, suggests a robust seller's market. The lack of significant price adjustments indicates strong pricing power for landlords and property owners over the next 12-24 months.
The median days on market (DOM) being listed as N/A can be interpreted in two ways: either the market is so tight that homes are selling quickly, often before a comprehensive DOM metric can be established, or there is limited recent transaction data available. In either case, it points towards a scenario where demand outstrips supply, further reinforcing the sellers' advantage in setting prices.
On the rental side, the Fair Market Rent (FMR) for ZIP 63362 is set at $1,240 for fiscal year 2024, which contrasts with the current market rent of $1,066 according to the Census Bureau's American Community Survey. This gap between the FMR and actual market rents signals an upward pressure on rental rates, indicating that landlords can potentially increase their rents to align with the FMR without losing tenants.
For long-hold investors, the setup implies a realistic appreciation thesis based on the fundamentals of the local economy and housing market. With strong seller's market conditions and upward pressure on rents, it is reasonable to expect that home values will continue to rise, albeit at a moderate pace. However, the exact rate of appreciation cannot be determined solely from these figures; it depends on broader economic factors such as employment growth, interest rates, and overall regional development trends.
The combination of stable home values, minimal price reductions, and rising rental rates suggests a favorable environment for both immediate and long-term investment strategies. Landlords and small-portfolio investors should capitalize on these conditions to maximize returns on their properties.
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.