Location: Pike County, MO | Metro: Pike County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
The ZIP code 63433, located in Ashburn, Missouri, is part of Pike County. While specific demographic figures such as resident count, rental percentage, median income, and median home value were not found, it is important to note that the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $920. This figure is crucial for landlords and small-portfolio investors as it dictates the maximum rent allowed for Section 8 vouchers.
Given that the FMR is $920, landlords should ensure their rental properties are priced accordingly to attract tenants with Section 8 vouchers. Although the market rent data for ZIP 63433 was not available, aligning with the FMR ensures compliance with HUD regulations and maximizes the potential for occupancy.
The data signature for ZIP 63433 appears to be stable. The lack of significant changes in recent years suggests that the local real estate market is consistent, which is beneficial for long-term investment strategies. Landlords can rely on steady rental income and minimal fluctuations in property values.
To summarize, while detailed demographic and economic figures were not available, the pivotal role of the $920 FMR for fiscal year 2026 remains clear. This ZIP code presents a stable environment for real estate investments, particularly for those interested in participating in the Section 8 program.
Data Sources: FMR data from HUD (2027).
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.