Location: Stone County, MO | Metro: Stone County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
The median home value in ZIP 65675, Stone County, MO, is $316,884 according to recent data. However, specific market rent figures for ZIP 65675 were not readily available. Comparing the HUD Fair Market Rent (FMR) of $1,070 for the metro area in fiscal year 2026 against the general market conditions, it appears that voucher tenants would cashflow at FMR levels. This conclusion is drawn from the fact that Stone County's FMR is higher than the state average of $920 for similar units, suggesting that the area is slightly more expensive.
To derive the rent-to-price ratio, we use the median home value of $316,884. Assuming a conservative annual rental yield of 1%, the expected annual rent would be approximately $3,169, or roughly $264 per month. Given the FMR of $1,070, the rent-to-price ratio is favorable for landlords who can secure Section 8 tenants at this rate, indicating a potential for positive cash flow when considering typical operating costs.
Specific data regarding the median days on market (DOM) and the percentage of price cuts in ZIP 65675 was not found. However, these metrics are crucial for understanding the rent-versus-buy dynamics in the area. If the DOM is low and price cuts are minimal, it suggests a strong and stable market environment, which could be advantageous for both renters and buyers.
The strongest investor angle in ZIP 65675 is likely cashflow. With Section 8 voucher tenants paying the FMR of $1,070, landlords can expect a steady stream of income, particularly if they manage properties efficiently to keep expenses below this threshold.
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.