Location: Barry County, MO | Metro: Barry 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 | $730 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $256,090 | 0.37% | F |
| 3BR | $1,330 | $340,943 | 0.39% | F |
U.S. Census Bureau data (2024)
ZIP code 65658, located in Golden, MO within the Barry County, MO metro, exhibits distinct characteristics compared to typical ZIP codes in the area. The Fair Market Rent (FMR) for 65658 is set at $890 for fiscal year 2026, which is notably higher than the market rent of $588. This suggests that the federally determined rental rates are above what the local market naturally supports, potentially indicating an opportunity for landlords who can secure Section 8 tenants.
The median home value in 65658 stands at $301,305, which is relatively consistent with other ZIP codes in Barry County, suggesting a middle-of-the-road housing market. However, the renter share in 65658 is 22.2%, a figure that could be considered slightly elevated compared to the average for Barry County. This higher percentage of renters, combined with the below-FMR market rent, points towards a neighborhood where a significant portion of residents might rely on subsidized housing programs such as Section 8.
Based on these figures, ZIP code 65658 appears to be a value pocket within its metro. The disparity between the FMR and the actual market rent indicates a potential for landlords to attract Section 8 tenants while still maintaining a reasonable profit margin over market rates. Additionally, the elevated renter share without exceptionally high home values suggests that there is a concentration of affordable rental properties, making it an attractive location for those seeking to invest in properties suitable for Section 8 tenants.
To further assess the investment potential, it would be beneficial to consider additional factors such as the vacancy rate, the availability of Section 8 vouchers, and the demographic makeup of the area. However, the specific figures provided already suggest that 65658 has favorable conditions for landlords and small-portfolio investors looking to enter the Section 8 market in Barry County, MO.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.