Location: Moniteau County, MO | Metro: Moniteau County, MO HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
The ZIP code 65055 in Moniteau County, Missouri, presents a unique set of characteristics that landlords and small-portfolio investors should consider. With insufficient data available for resident population, rental percentage, median income, and median home value, the economic landscape of this area remains somewhat opaque. However, the Federal Market Rent (FMR) for ZIP 65055 has been determined for fiscal year 2024 at $820, which provides a clear benchmark for rental pricing under the Section 8 program.
In terms of voucher economics, the FMR serves as the ceiling for rent subsidies in this area. Landlords who participate in the Section 8 Housing Choice Voucher program can expect to receive up to $820 per month for a standard unit, which is the maximum amount the government will pay towards rent. This figure is critical for budgeting purposes and understanding potential cash flow scenarios when leasing to tenants with vouchers.
The absence of specific market rent data complicates a direct comparison between FMR and local rental rates, but it's important to note that the FMR is designed to reflect average fair market rents across a similar housing type and size. Given the lack of detailed local market data, the FMR provides a reliable estimate for landlords to base their decisions on.
Based on the available data, the ZIP code 65055 appears to be in a transitional phase. The scarcity of specific economic indicators suggests that the area might be experiencing changes, such as growth or shifts in demographics, which could impact the housing market in the near future. Investors should monitor trends closely to adapt to any emerging opportunities or challenges.
Data Sources: FMR data from HUD (2027).
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.