Location: Perry County, MO | Metro: Perry County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
0.0% of the residents in ZIP code 63783 are renters, indicating a predominantly owner-occupied market. This statistic aligns with the $259,580 median home value, suggesting that homeownership is both prevalent and valued in this area. Landlords should note that the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $930, which is a benchmark for rental pricing but may not be reflective of the actual rental market given the low renter share. The lack of available data on median income and days on market (DOM) indicates a scarcity of rental listings, further supporting the notion that this is not a typical rental market. Additionally, the absence of data regarding the percentage of homes that have had their prices cut suggests a stable housing market where property values remain consistent. Given these factors, it's clear that the demand for rentals is minimal in ZIP 63783. For those considering Section 8 properties, the verdict is straightforward: the low renter share and high median home value make Section 8 investments unfeasible in this area.
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.