Section 8 Fair Market Rent (FMR) for ZIP 65339 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$860
1 Bedroom$890
2 Bedrooms$1,170
3 Bedrooms$1,500
4 Bedrooms$1,540
5 Bedrooms$1,786
6 Bedrooms$2,000
7 Bedrooms$2,160
8 Bedrooms$2,268

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
592
Median Household Income
$43,750
Housing Units
296
Renter Percentage
34.2%
Occupancy Rate
80.1%
Renter Occupied
81

The classification of ZIP code 65339 hinges on the available data points regarding rental yield and market stability. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,070. This figure represents the expected rental income for properties in this ZIP code, assuming they align with the metro's average. However, the lack of specific market and home value data introduces uncertainty into the yield analysis.

Moving to the stability axis, we see that 34.2% of residents are renters, which indicates a moderate level of demand for rental properties. The median household income of $43,750 suggests that while there is some financial capacity among tenants, it is not exceptionally high, potentially impacting the ability to sustain higher rents. Additionally, the absence of data on days on market (DOM) means we cannot assess how quickly properties are rented out, which is a key indicator of stability.

Given the limited data, ZIP 65339 appears to be a steady-cashflow zone. The relatively low percentage of renters combined with the modest median income implies a stable but not highly lucrative market. Landlords and small-portfolio investors should expect reasonable returns rather than high yields typical of flip-style markets. The FMR of $1,070 provides a benchmark for rental pricing, ensuring that properties are priced competitively within the broader metro area.

To enhance investment decisions, further research is advised to fill in the gaps regarding local market conditions and home values. This additional information will provide a clearer picture of potential rental yields and market stability, guiding landlords and investors toward more informed choices.

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.