Section 8 Fair Market Rent (FMR) for ZIP 63846 - 2027

Location: Stoddard County, MO | Metro: Stoddard County, MO

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$670
1 Bedroom	$740
2 Bedrooms	$960
3 Bedrooms	$1,280
4 Bedrooms	$1,290
5 Bedrooms	$1,496
6 Bedrooms	$1,676
7 Bedrooms	$1,810
8 Bedrooms	$1,901

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,239

Median Household Income

$50,813

Housing Units

645

Renter Percentage

32.1%

Occupancy Rate

79.2%

Renter Occupied

164

The ZIP code 63846 is located in the rural outskirts of St. Louis, Missouri, offering a mix of suburban and small-town living. This area is characterized by its quiet neighborhoods and proximity to urban amenities, making it an attractive option for renters and small-scale property investors alike.

Fair Market Rent: The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $890, indicating a steady demand for affordable housing.
Market Rent: According to Census ACS data, the average market rent in ZIP 63846 is $687, suggesting that there is room for slight increases in rental rates without alienating tenants.
Renter Share: With a 32.1% renter share, the area has a significant portion of its population租房，显示出稳定的租赁需求。然而，由于缺乏中位房价和平均上市天数的数据，投资者需要进一步研究来了解房产市场的具体情况。该地区的中位收入为$50,813，这表明租户有能力支付接近公平市场租金的费用。
尽管中位房价数据不可用，但考虑到该地区靠近圣路易斯市，且拥有安静的社区环境，投资于租赁物业仍然是一个有吸引力的选择。

对于投资者而言，ZIP代码63846提供了稳定的租赁市场和适度增长的潜力。虽然该地区的市场租金略低于公平市场租金，但其接近$50,813的中位收入表明居民有能力支付更高的租金。此外，该地区32.1%的租房比例确保了持续的租赁需求。尽管缺少一些关键的房产市场指标，如中位房价和平均上市天数，但整体来看，该区域适合寻求稳定回报的小型房地产投资者。

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.