Location: Madison County, MO | Metro: Iron County, MO
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 | $800 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,090 | $167,752 | 0.65% | D |
| 3BR | $1,340 | $208,296 | 0.64% | D |
U.S. Census Bureau data (2024)
188401 In Arcadia, Missouri, the median home value stands at $188,401, indicating a stable housing market. 135 The renter share is 13.5%, which suggests a moderate demand for rental properties. 980 However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980, providing a clear benchmark for rental pricing. 87825 With a median income of $87,825, residents have the financial capacity to afford higher rents, making it a prime location for rental investments. N/A Despite the lack of specific data on days on market (DOM) and the percentage of price-cut shares, the consistent median values suggest a steady market. 980 Landlords and small-portfolio investors should align their rental rates with the $980 FMR to remain competitive. 87825 Given the median income level, there's potential for higher rents, but adherence to the FMR is crucial for securing tenants through Section 8 vouchers. N/A The absence of recent market rent data means that landlords must rely on historical trends and the FMR to guide their pricing strategies. 980 For those considering Section 8 participation, the $980 FMR offers a solid foundation for setting rental rates that will attract eligible tenants. 87825 The high median income supports the feasibility of maintaining such rates while ensuring affordability for voucher holders. 188401 Investing in Arcadia, Missouri, presents an opportunity to capitalize on a balanced market with a strong tenant base. 980 To summarize, landlords should aim to keep their rental rates close to the $980 FMR to maximize their chances of success in the Section 8 program.
980 Verdict: Participation in Section 8 is viable at the $980 FMR, ensuring both compliance and profitability in Arcadia, Missouri.
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.