Location: Clark County, MO | Metro: Clark County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
ZIP code 63430, located within the Clark County, MO metro area, presents a unique profile when compared to other ZIP codes in the region. The Fair Market Rent (FMR) for ZIP 63430 is set at $910 for fiscal year 2026, which is notably higher than the market rent figure of $825. This indicates that while the actual market rents are lower, the government's assessment of what constitutes a fair rent for the area is higher, potentially reflecting an above-average cost of living or a particular emphasis on affordable housing.
The renter share in ZIP 63430 is 6.0%, which is relatively low compared to the average renter share in many metropolitan areas. However, without specific comparative data for other ZIP codes in Clark County, it's challenging to definitively categorize 63430 as a value pocket, mid-tier neighborhood, or premium sub-market. The lack of home value data for ZIP 63430 suggests that either there are very few owner-occupied homes, or the available data is insufficient to provide a reliable average home value.
Given the divergence between the FMR and market rent, combined with the low renter share, it can be inferred that ZIP 63430 could be considered a value pocket within the Clark County, MO metro area. Landlords and small-portfolio investors should take note of the potential opportunity this presents, as properties here might attract tenants seeking affordable housing under the Section 8 program, given the favorable FMR-to-market rent ratio. This ZIP code's characteristics suggest it may be particularly attractive for those looking to capitalize on government-subsidized rental programs.
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.