Location: Pettis County, MO | Metro: Pettis County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,880 |
| 4 Bedrooms | $2,040 |
| 5 Bedrooms | $2,366 |
| 6 Bedrooms | $2,650 |
| 7 Bedrooms | $2,862 |
| 8 Bedrooms | $3,005 |
U.S. Census Bureau data (2024)
Based on the available data, ZIP code 65334 within Pettis County, MO, exhibits characteristics that position it as a potential value pocket within the metro area. The median home value in ZIP 65334 is $281,976, which is significantly higher than the average home value of $190,216 for Pettis County. However, the Fair Market Rent (FMR) of $1,290 for fiscal year 2026 is slightly below the market rent of $1,362, indicating a relatively affordable rental environment.
The 26.0% renter share in ZIP 65334 is also noteworthy. While we do not have the exact average renter share for Pettis County, a higher-than-average renter share often signals a strong rental market. This combination of a below-market rent with a higher-than-average renter share suggests that 65334 could be an attractive area for landlords and small-portfolio investors, particularly those interested in Section 8 housing.
Given the higher median home value but slightly below-market rent, ZIP 65334 leans towards being a mid-tier neighborhood rather than a premium sub-market. The higher renter share supports the notion that it offers good potential for rental income, making it a favorable location for those seeking to invest in properties that can attract tenants through affordability.
To further substantiate this inference, it would be beneficial to examine additional metrics such as vacancy rates and rental demand in ZIP 65334 compared to other ZIP codes in Pettis County. Nonetheless, the current figures indicate a balanced opportunity for investors, combining reasonable property costs with a strong rental presence.
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.