Location: Howell County, MO | Metro: Howell County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The classification of ZIP code 65688 hinges on the available data points regarding rental yield and market stability. On the yield axis, the Fair Market Rent (FMR) for the area is set at $930 for fiscal year 2026, which is the only figure provided and serves as a benchmark for rental pricing. However, the lack of market rent and home value figures makes it difficult to assess how competitive or profitable renting in this ZIP code could be relative to purchasing.
Moving to the stability axis, the data indicates that approximately 9.1% of the population are renters, suggesting a limited demand for rentals. The average daily days on market (DOM) for listings is not available, but the median household income is listed at $68,529. This income level implies that residents have the financial capability to afford housing costs, including rent, which supports some degree of market stability.
Given these specifics, ZIP 65688 does not clearly fit into a high-yield/low-stability flip-style market or a steady-cashflow zone. The low percentage of renters suggests that the market is not highly dynamic or prone to frequent turnover, which would typically indicate low stability. Conversely, the absence of market rent data means we cannot fully evaluate the potential yield against the FMR. Without a comparison to market rents and home values, it's challenging to determine if there is a significant gap favoring rental yields over property appreciation.
To make a more definitive call, additional data on market rents and home values would be necessary. However, based on the current figures, the area leans towards a steady-cashflow zone due to the stable income levels, though the limited rental market size could pose challenges in finding tenants consistently.
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.