Section 8 Fair Market Rent (FMR) for ZIP 65680 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$760
1 Bedroom	$770
2 Bedrooms	$990
3 Bedrooms	$1,270
4 Bedrooms	$1,400
5 Bedrooms	$1,624
6 Bedrooms	$1,819
7 Bedrooms	$1,965
8 Bedrooms	$2,063

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,097

Median Household Income

$77,563

Housing Units

647

Renter Percentage

5.1%

Occupancy Rate

73.1%

Renter Occupied

The economics of Section 8 housing in ZIP code 65680 are straightforward. The SAFMR (Section 8 Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code is set at $920 per month for fiscal year 2026. However, the local market rent, according to the Census ACS, runs significantly lower at $717 per month.

A Section 8 voucher does not cover the entire SAFMR amount. Instead, it reimburses landlords based on the tenant's portion plus utility allowances. Here’s how it breaks down:

Tenant Contribution: Tenants are required to pay 30% of their adjusted income towards rent. This figure can vary widely depending on the tenant's income level but is a key component of the total payment.
Voucher Reimbursement: The Housing Authority covers the difference between the tenant's contribution and the SAFMR, up to $920. However, they will only pay the lesser of the actual rent or the SAFMR, ensuring that the rent charged does not exceed the established limit.
Utility Allowances: There are additional allowances for utilities, which can vary by region and household size. These allowances are added to the base rent reimbursement, providing a complete picture of the financial support available.

To illustrate, if a tenant's portion is $200, and the utility allowance is $150, the landlord would receive $200 from the tenant and $770 from the Housing Authority, totaling $970. However, since the maximum reimbursement is capped at $920, the landlord would receive $920 in total, including the utility allowance.

Given the local market rent of $717, landlords in ZIP 65680 can expect a surplus when renting to Section 8 tenants. The typical reimbursement gap or surplus for a two-bedroom apartment is a positive $203 per month. This means that landlords can charge the higher SAFMR rate and still be above the average local rent, securing a steady income without the risk of vacancy common in the private rental market.

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.