Location: Monroe County, MO | Metro: Monroe County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,180 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The ZIP code 65258 presents a dynamic rental market with a federally determined Fair Market Rent (FMR) of $920 for the fiscal year 2026, which is higher than the current market rent of $806 according to the Census ACS. This suggests that the rental market in 65258 is poised for growth, aligning with broader trends indicating an upward trajectory in rental costs.
The absence of specific data on price-cut share and days on market (DOM) makes it challenging to pinpoint whether supply currently outpaces demand or vice versa. However, the 16.8% renter share implies a significant portion of the population relies on renting, which can indicate long-term housing pressure. Landlords and small-portfolio investors should be aware that a high renter share often correlates with sustained demand, as many residents may not have the means or desire to purchase homes.
This ZIP code's rental dynamics suggest that while there might be some room for negotiation on rents at present, the overall trend points towards increasing demand. Investors should monitor the local economy and job market for signs of further growth that could drive up the renter share and, consequently, rental rates. Additionally, the gap between the FMR and current market rent offers a strategic opportunity for landlords to gradually adjust their pricing to meet federal standards without risking vacancy due to sudden increases.
The median home value being listed as N/A indicates that homeownership data is either not available or not significant enough to influence the rental market directly. However, the focus should remain on the robustness of the rental sector, given the high percentage of renters. This environment supports steady occupancy rates but also requires proactive management to stay competitive and maintain property values.
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.