Section 8 Fair Market Rent (FMR) for ZIP 65543 - 2027

Location: Wright County, MO | Metro: Laclede County, MO

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$720
1 Bedroom$750
2 Bedrooms$980
3 Bedrooms$1,330
4 Bedrooms$1,550
5 Bedrooms$1,798
6 Bedrooms$2,014
7 Bedrooms$2,175
8 Bedrooms$2,284

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
657
Median Household Income
$50,980
Housing Units
270
Renter Percentage
14.0%
Occupancy Rate
97.8%
Renter Occupied
37

The market analysis for Section 8 investors in ZIP code 65543, located within the Wright County, MO metro area, reveals a favorable environment for cashflow generation. The HUD Fair Market Rent (FMR) for the metro scope, set at $900 for fiscal year 2026, significantly exceeds the market rent of $693 based on Census ACS data. This difference means that voucher tenants will cashflow at FMR levels, providing a consistent positive cash flow for landlords and small-portfolio investors.

To further understand the investment potential, we examine the rent-to-price ratio. However, the median home value for ZIP 65543 is listed as N/A, which indicates a lack of comprehensive residential sales data. Despite this limitation, it is clear that the disparity between the HUD FMR and the actual market rent supports strong cashflow opportunities for Section 8 properties.

In terms of the days on market (DOM) and the percentage of homes that experienced price cuts, both figures are also marked as N/A. This absence of data does not hinder the primary focus on cashflow, but it does suggest that the buy-versus-rent dynamics are less relevant compared to the cashflow potential in this market. The lack of recent sales data implies stability in the rental sector, rather than frequent turnover or price adjustments typical in the residential sales market.

The strongest investor angle in ZIP 65543 is undoubtedly cashflow. Given the substantial gap between the HUD FMR and the current market rent, landlords can expect steady, positive cashflow from Section 8 tenants without the need for premium units. This makes the area particularly attractive for those looking to generate reliable income through their investments.

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.