Location: Pulaski County, MO | Metro: Maries County, MO
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,060 | $148,404 | 0.71% | D |
| 3BR | $1,460 | $213,941 | 0.68% | D |
| 4BR | $1,650 | $277,651 | 0.59% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 65459, Dixon, Missouri, stands at $910 for metro fiscal year 2026. This figure represents the payment standard set by the U.S. Department of Housing and Urban Development (HUD) for Section 8 rentals. It is important to note that this does not necessarily mean you will receive $910 as rent; it's the maximum amount HUD will pay on behalf of tenants.
In comparison, the average rent in Dixon, as reported by the Census Bureau's American Community Survey (ACS), is $842. This indicates that the FMR is slightly higher than the market rate, which could be advantageous for landlords participating in the Section 8 program.
The 16.8% share of renters in the area suggests there is a significant demand for rental properties. Given this percentage, it is reasonable to expect that a portion of these renters would be interested in Section 8 housing, potentially providing a steady stream of tenants.
When considering purchasing a property for your first Section 8 rental, the median home value in Dixon is approximately $214,007. This figure gives you an idea of the typical acquisition cost for a property in this area. However, it's crucial to understand that the actual price can vary based on the condition, size, and location of the property.
Before making a final decision, you must verify that the property meets all the eligibility requirements set by HUD. These include ensuring the property is safe, decent, and sanitary, and that it complies with local housing codes. Additionally, the property must be structurally sound and free from health and safety hazards. Once you confirm these points, you can proceed with confidence knowing your investment aligns with the expectations of the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.