Location: Pemiscot County, MO | Metro: Pemiscot County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,290 |
| 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)
The Section 8 market analysis for ZIP code 63827, located in Pemiscot County, Missouri, reveals key insights for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the metro area, effective in fiscal year 2026, is set at $890. However, due to the lack of specific market rent data for ZIP 63827, it's challenging to make an exact comparison. Based on the available HUD FMR, voucher tenants will generally cashflow at the FMR rate, though the exact dynamics depend on the specific unit and location within the ZIP code.
The median home value for the area is not specified, which means deriving a precise rent-to-price ratio is not possible. Nonetheless, the absence of detailed market rent data suggests that the rental market may be less competitive, allowing landlords who accept vouchers to maintain steady occupancy rates without significant pressure to undercut the FMR.
Regarding the days on market (DOM) and the percentage of price cuts, both figures are also not available. This lack of data implies that there isn't a high turnover rate or significant need for price adjustments to attract tenants, which can be seen as a positive indicator for stability in the rental market.
In summary, for Section 8 investors in ZIP 63827, the strongest angle is likely cashflow, given the HUD FMR of $890 and the absence of competitive market rent pressures. This allows for predictable income streams and reduced risk compared to areas with higher market rent volatility.
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.