Section 8 Fair Market Rent (FMR) for ZIP 65320 - 2027

Location: Saline County, MO | Metro: Saline County, MO

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$870
1 Bedroom	$920
2 Bedrooms	$1,210
3 Bedrooms	$1,610
4 Bedrooms	$1,740
5 Bedrooms	$2,018
6 Bedrooms	$2,260
7 Bedrooms	$2,441
8 Bedrooms	$2,563

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$35,469

Housing Units

Renter Percentage

N/A

Occupancy Rate

39.8%

Renter Occupied

The ZIP code 65320, located in the heart of Missouri's rural landscape, offers a unique market opportunity for landlords and small-portfolio investors. This area is characterized by its low population density and strong local community ties, which influence the rental market dynamics significantly.

The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $980, providing a benchmark for rental pricing in the region.
Market rent data is currently unavailable for ZIP 65320, indicating a less competitive or less analyzed market segment.
The median home value is not available, suggesting that this area might have a smaller number of homes sold on the market, making it difficult to gauge the overall property value trends.
Renter share stands at 0.0%, implying that there is virtually no demand for rentals, as the vast majority of residents likely own their homes.
The days on market (DOM) for properties is not available, which could mean that listings are rare or that sales occur quickly, without much public record.
The median household income is $35,469, which is below the national average and indicates a need for affordable housing options.

The analysis of these data points reveals that while the ZIP code 65320 has a defined benchmark for rental pricing through the FMR, the lack of market rent data suggests a niche market that isn't widely tracked. The absence of a significant renter population and limited home sales data point to a predominantly owner-occupied community. Given the median income figure, investors should focus on developing affordable housing solutions if they decide to enter this market. However, the low renter share implies that demand for rental properties is minimal, which could present challenges for those seeking to invest in rental properties. Overall, the investment strategy in this area should be carefully considered, with a focus on understanding the local economy and community needs beyond what the available data can provide.

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.