Location: Gasconade County, MO | Metro: Jefferson City, MO HUD Metro FMR Area
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 | $750 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,370 | $219,026 | 0.63% | D |
U.S. Census Bureau data (2024)
To classify ZIP code 65061, we must consider both yield and stability factors. The yield is measured by comparing the Fair Market Rent (FMR) to the median home value. For ZIP 65061, the FMR for fiscal year 2024 is $1110. This figure is notably higher than the median home value of $153,963, suggesting a potential high-yield market for rental properties.
However, stability is equally important. Stability can be gauged by looking at the percentage of renters, days on market (DOM), and median household income. In ZIP 65061, only 5.0% of the population are renters, which is quite low. Additionally, the median household income stands at $56,250. These figures indicate a relatively stable area but with limited demand for rental units due to the low percentage of renters.
The low DOM data point is missing, which would have helped determine how quickly properties can be rented out. However, based on the available data, ZIP 65061 appears to be more of a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The high FMR relative to the home value suggests decent rental income, but the low percentage of renters means that the overall demand for rental properties is limited. Furthermore, the median income provides a basis for assessing the ability of residents to pay rent, contributing to the stability aspect.
In conclusion, while ZIP 65061 offers a good yield opportunity with an FMR of $1110, the low percentage of renters and the median income of $56,250 suggest a market that is better suited for steady cash flow rather than rapid turnover or flipping. Landlords and small-portfolio investors should expect consistent but moderate returns from this area.
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.