Section 8 Fair Market Rent (FMR) for ZIP 63450 - 2027

Location: Shelby County, MO | Metro: Monroe County, MO

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$740
1 Bedroom$780
2 Bedrooms$1,000
3 Bedrooms$1,340
4 Bedrooms$1,590
5 Bedrooms$1,844
6 Bedrooms$2,065
7 Bedrooms$2,230
8 Bedrooms$2,342

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
145
Median Household Income
$69,815
Housing Units
87
Renter Percentage
9.4%
Occupancy Rate
73.6%
Renter Occupied
6

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.