Location: Washington County, MO | Metro: Washington County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 63660, characterized by a median home value of $166,994, suggests a market where pricing power remains relatively stable over the next 12-24 months. The absence of specific data on the percentage of listings that have been reduced and the median days on market (DOM) indicates a balanced market, neither experiencing rapid price declines nor significant increases in sales velocity. This stability points to a scenario where landlords and small-portfolio investors can maintain current pricing levels without fear of significant depreciation.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $890, while the current market rate stands at $950 according to Census ACS data. This $60 differential signals a slight advantage for property owners who can leverage higher market rents to maximize returns on their investments. However, it also implies a cautious approach to raising rents further, given the potential for increased supply as more investors enter the market, attracted by the higher-than-FMR rates.
For long-term investors considering the appreciation thesis in ZIP 63660, the setup suggests limited growth potential. The current median home value does not indicate a rapidly appreciating market, and without significant economic drivers or population influxes, the expectation is for modest increases, if any. Long-hold investors should focus on steady rental income and the preservation of capital rather than speculative gains from property value appreciation.
The combination of a stable median home value and a slight premium in market rents over FMRs presents an opportunity for landlords and small-portfolio investors to achieve consistent returns through rental income. However, the realistic appreciation thesis is muted, emphasizing the importance of managing costs and maintaining properties to ensure profitability in a market that is unlikely to experience dramatic changes in value.
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.