Section 8 Fair Market Rent (FMR) for ZIP 65611 - 2027

Location: Taney County, MO | Metro: Stone County, MO

Investment Score for ZIP 65611

F
Monthly Rent (2BR)
$980
Median Price (2BR)
$264,368
1% Rule
0.37%
Annual Yield
4.45%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$750
2 Bedrooms$980
3 Bedrooms$1,360
4 Bedrooms$1,640
5 Bedrooms$1,902
6 Bedrooms$2,130
7 Bedrooms$2,300
8 Bedrooms$2,415

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $980 $264,368 0.37% F
3BR $1,360 $353,901 0.38% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,963
Median Household Income
$59,866
Housing Units
1,701
Renter Percentage
14.1%
Occupancy Rate
62.0%
Renter Occupied
149

ZIP 65611, located in Blue Eye, MO, Taney County, is a prime candidate for inclusion in a Section 8 portfolio strategy as a cash-flow anchor. The area's median home value stands at $374,334, while the market rent averages $840 per month. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $910, creating a positive spread of $70 between the FMR and market rent. This spread ensures that landlords can maintain steady cash flow, even when dealing with Section 8 vouchers.

The low price-cut share of 0.3% and non-applicable day DOM (days on market) indicate that the housing market in ZIP 65611 is relatively stable and does not experience significant fluctuations. However, these factors do not contribute significantly to appreciation potential, making it less suitable as an investment for capital gains.

ZIP 65611 also offers a moderate diversification opportunity, with a 14.1% renter share and a median income of $59,866. While the renter share suggests a reasonable number of potential tenants, the median income indicates that there is a sufficient pool of residents who could potentially afford higher rents or move into homeownership, providing some flexibility in rental pricing strategies.

In conclusion, ZIP 65611 is best positioned as a cash-flow anchor within a Section 8 portfolio strategy due to the positive spread between the FMR and market rent, ensuring consistent and reliable income streams for landlords and small-portfolio investors.

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.