Location: Pettis County, MO | Metro: Benton County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
The ZIP code 65335, located in the heart of the Ozark region, is a small rural community that offers a unique blend of natural beauty and quiet living. With its proximity to national parks and recreational areas, it attracts residents who value a slower pace of life. This analysis will provide insights into the housing market dynamics within this ZIP code, focusing on key metrics relevant to real-estate investors.
Investors looking to enter the ZIP 65335 market should consider the FMR as a guideline for setting rental rates, given the lack of specific market rent data. The low renter share suggests a smaller pool of potential tenants, which could impact occupancy rates and necessitate careful tenant selection processes. Despite the limitations in data, the median income provides a positive outlook on the ability of residents to meet their rent obligations. However, without DOM data, gauging the speed of property turnover remains challenging. Overall, while the market presents opportunities, especially for those interested in long-term investments, it requires a nuanced approach to understand the local dynamics fully.
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.