Location: Wayne County, MO | Metro: Wayne County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The ZIP code 63934 stands out due to its extremely low population of only 31 residents, making it one of the least populated areas for analysis. Notably, there is no rental activity recorded, indicated by the 0.0% renting statistic, which suggests that the entire population either owns their homes or lives rent-free. The lack of data on median income and median home value further emphasizes the unique and sparse nature of this community.
Moving to the voucher economics, the Fair Market Rent (FMR) for the metro area including ZIP 63934 is set at $890 for fiscal year 2026. However, the absence of market rent data means that we cannot compare the FMR against typical rental rates in the area. This gap in information could indicate a lack of rental housing or an insufficient sample size to establish a reliable market rent figure.
The data signature for ZIP 63934 reads as stable. Given the very low population and the absence of rental properties, there is little likelihood of significant change in the near future. Landlords and small-portfolio investors should be aware that the traditional dynamics of rental markets do not apply here, and any investment would need to be considered in the context of the broader regional market rather than this specific ZIP code.
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.