Location: Scott County, MO | Metro: Scott 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 | $820 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,480 |
| 5 Bedrooms | $1,717 |
| 6 Bedrooms | $1,923 |
| 7 Bedrooms | $2,077 |
| 8 Bedrooms | $2,181 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,340 | $225,156 | 0.6% | F |
U.S. Census Bureau data (2024)
The ZIP code 63736 is situated in a neighborhood that predominantly features residential areas with a mix of single-family homes and some multifamily units. The area is home to a population of 3,755 residents, with 22.6% of them being renters. This indicates a relatively small rental market compared to homeownership, where the median home value stands at $200,062. The median household income in this ZIP code is $59,414, suggesting a middle-class community.
When it comes to rental economics, the Fair Market Rent (FMR) for ZIP 63736 as of metro fiscal year 2026 is set at $970. In contrast, the current market rent, according to Census ACS data, is slightly higher at $990. This means that landlords can expect a modest premium over the FMR when renting out properties to tenants who might be using Section 8 vouchers. However, the gap between the FMR and the market rent is narrow, which could limit the profit margins for hands-off operators relying solely on government subsidies.
Given these figures, ZIP 63736 appears to be more suitable for hands-on value-add buyers rather than hands-off voucher operators. The smaller rental market and the close alignment of FMR with market rents suggest that landlords would benefit from actively managing their properties to increase occupancy rates and potentially command higher rents. Value-add strategies, such as improving property conditions or offering additional amenities, could help attract higher-paying tenants or those willing to pay above the FMR, thereby maximizing returns on investment.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.