Location: Ste. Genevieve County, MO | Metro: Ste. Genevieve 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 | $710 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,160 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $970 | $160,543 | 0.6% | D |
| 3BR | $1,160 | $244,304 | 0.47% | F |
| 4BR | $1,620 | $290,699 | 0.56% | F |
U.S. Census Bureau data (2024)
The ZIP code 63670, located in Sainte Genevieve, Missouri, presents a unique profile when compared to typical ZIP codes within Ste. Genevieve County, MO. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940, which is higher than the market rent of $775 observed in ZIP 63670. This suggests that 63670 offers rental opportunities at a discount relative to the county average.
The median home value in ZIP 63670 stands at $243,081, which is likely on par with other ZIP codes in the county. However, it's the renter share of 19.7% that sets 63670 apart. In many cases, a higher percentage of renters combined with lower-than-average home values can indicate a favorable environment for Section 8 properties. Since the home values here are not significantly below the county average but still present a lower rent cost, this ZIP code could be considered a value pocket within the metro area.
A value pocket means that while the property values are reasonable, the rental income is also relatively affordable, making it an attractive option for landlords and investors who are looking for a balance between property costs and rental yields. It is not a premium sub-market where both rents and property values would be significantly above the average, nor is it necessarily a low-income neighborhood where home values are notably depressed.
The key inference here is that ZIP 63670 offers a modest opportunity for investors interested in the Section 8 program due to its lower-than-average market rent and slightly elevated renter share, without the associated drop in home values that might otherwise signal a low-end market.
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.