Section 8 Fair Market Rent (FMR) for ZIP 63666 - 2027

Location: Reynolds County, MO | Metro: Reynolds County, MO

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$740
2 Bedrooms$960
3 Bedrooms$1,150
4 Bedrooms$1,260
5 Bedrooms$1,462
6 Bedrooms$1,637
7 Bedrooms$1,768
8 Bedrooms$1,856

The analysis of ZIP code 63666 in Reynolds County, Missouri, reveals several key points that are crucial for landlords and small-portfolio investors.

Regarding the rent math, the Fair Market Rent (FMR) for the area stands at $890 for fiscal year 2026. However, the lack of available market rent data means we cannot directly compare these figures to determine if rental income will cover operational costs and provide a profit margin. This absence of current market data poses a significant challenge in assessing the viability of rental investments based on income alone.

In terms of acquisition affordability, the missing median home value, days on market (DOM), and percentage of homes that have undergone price reductions make it difficult to gauge how easy or challenging it would be to purchase properties in this area. Without these critical metrics, investors cannot accurately assess the potential for property appreciation or the ease of entering the market through acquisitions.

The tenant demand analysis also suffers from incomplete data. The ZIP code's population figure is not available, nor is the percentage of renters within the community. These data points are essential for understanding the pool of potential tenants and the competition for rental properties. Without them, it's impossible to determine if there is sufficient demand to support rental investments.

Verdict: ZIP 63666 presents a scenario where the only concrete data point is the Fair Market Rent of $890, which is insufficient for making informed investment decisions. The lack of current market rent, median home values, days on market, percentage of price cuts, and tenant demographics leaves too many unknowns. Investors should seek additional, up-to-date information before considering any real estate ventures in this area. The risk of investing without comprehensive data is high, and the potential rewards cannot be confidently estimated.

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.