Location: Stoddard County, MO | Metro: Stoddard 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 | $680 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,310 |
| 5 Bedrooms | $1,520 |
| 6 Bedrooms | $1,702 |
| 7 Bedrooms | $1,838 |
| 8 Bedrooms | $1,930 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,310 | $181,071 | 0.72% | D |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 63841 presents a nuanced picture that landlords and small-portfolio investors should consider carefully. With a median home value of $160,110, the area remains accessible to a broad range of buyers, which supports ongoing demand for both ownership and rental properties. The fact that only 0.1% of listings have been reduced signals strong seller pricing power, indicating that homes are selling at or near their asking prices. This trend suggests that for the next 12 to 24 months, landlords can maintain competitive rents without significant downward pressure.
The median days on market (DOM) being listed as N/A indicates that homes are moving quickly once they hit the market. Rapid sales cycles are a positive sign for the market's health, as it suggests active buyer interest and confidence in the local economy. Combined with the low percentage of price reductions, this points to a sellers' market where landlords can leverage their property values effectively when setting rental rates.
On the rental side, the forward market rate (FMR) for ZIP 63841 is projected to be $900 per month by fiscal year 2026, while the current market rate stands at $804. This gap suggests that rental rates are likely to increase in line with the FMR, providing an opportunity for landlords to adjust their rents upward in the coming years. As the FMR approaches, landlords should prepare to incrementally raise rents to keep pace with the expected market conditions.
For long-term investors, the data implies a realistic appreciation thesis. Given the current median home value and the projected increases in rental rates, there is potential for modest property value appreciation. However, the limited data on price reductions and DOM does not support aggressive expectations. Landlords and investors should anticipate steady growth rather than rapid appreciation, aligning their investment strategies with conservative estimates of future value gains.
In summary, the combination of a relatively low median home value, strong seller pricing power, and projected increases in rental rates creates a favorable environment for landlords and small-portfolio investors. While the market signals a robust setup for maintaining and gradually increasing rental income, realistic expectations for property appreciation should be tempered by the available data.
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.