Location: Stone County, MO | Metro: Springfield, MO HUD Metro FMR Area
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 | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $162,903 | 0.63% | D |
| 3BR | $1,360 | $231,345 | 0.59% | F |
| 4BR | $1,590 | $304,894 | 0.52% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP 65705, which encompasses Marionville, MO, and parts of Lawrence and Stone Counties, reveals a favorable environment for rental properties. The HUD Fair Market Rent (FMR) for FY 2024 is set at $980, while the Census American Community Survey (ACS) indicates an average market rent of $923. This means that voucher tenants in this area will generally cashflow at the FMR level, providing landlords with a positive financial outlook.
To derive the rent-to-price ratio, we use the median home value of $219,100. At the HUD FMR of $980 per month, the annual rent is $11,760, resulting in a rent-to-price ratio of approximately 5.37%. This ratio suggests that rental income can provide a reasonable return relative to the purchase price of a property, making it attractive for investors looking to generate passive income through rentals.
The data does not provide a specific median Days on Market (DOM) or the percentage of price cuts (price-cut share), but given the cashflow dynamics, these metrics are less critical for determining investment viability. However, the stability of the housing market in ZIP 65705 is a key factor, as it ensures consistent demand for rental properties and minimizes the risk of prolonged vacancies.
In conclusion, the strongest investor angle in ZIP 65705 is cashflow, as voucher tenants will typically cover the rent at or above the HUD FMR, ensuring a steady stream of income 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.