Section 8 Fair Market Rent (FMR) for ZIP 63552 - 2027

Location: Macon County, MO | Metro: Macon County, MO

Investment Score for ZIP 63552

C
Monthly Rent (2BR)
$1,030
Median Price (2BR)
$117,384
1% Rule
0.88%
Annual Yield
10.53%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$760
1 Bedroom$790
2 Bedrooms$1,030
3 Bedrooms$1,240
4 Bedrooms$1,510
5 Bedrooms$1,752
6 Bedrooms$1,962
7 Bedrooms$2,119
8 Bedrooms$2,225

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,030 $117,384 0.88% C
3BR $1,240 $201,363 0.62% D
4BR $1,510 $266,163 0.57% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
7,554
Median Household Income
$65,210
Housing Units
3,816
Renter Percentage
27.1%
Occupancy Rate
85.1%
Renter Occupied
880

The rent math in ZIP 63552 does not work favorably for landlords. The Fair Market Rent (FMR) for the metro area set at $950 for fiscal year 2026 is significantly higher than the actual market rent reported by the Census ACS, which stands at $683. This discrepancy suggests that landlords might face challenges in setting rents high enough to cover costs and generate profit.

Acquisition in this area is relatively affordable. The median home value is $176,069, which is within reach for many small-portfolio investors. However, the lack of data on days on market (DOM) and the low percentage of homes requiring price cuts (0.2%) indicate a stable but not highly competitive market for property purchases. This stability can be beneficial for maintaining investment values without the pressure of frequent price adjustments.

Tenant demand is moderate in ZIP 63552. With a total population of 7,554 and 27.1% of residents being renters, there is a consistent pool of potential tenants. Despite the relatively small population size, the renter share suggests a steady demand for rental properties, although it may not be as robust as in larger metropolitan areas.

In conclusion, while the acquisition cost and tenant demand present reasonable opportunities for investment, the unfavorable rent math poses a significant challenge. Landlords will need to carefully manage expenses and consider the lower market rent of $683 when planning their investments in ZIP 63552. The stable market conditions and moderate tenant demand provide a foundation for cautious optimism, but profitability will depend heavily on operational efficiency and strategic pricing.

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.