Location: Taney County, MO | Metro: Taney County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 65739 are straightforward. The SAFMR (Section 8 Area Fair Market Rent) for a two-bedroom apartment is set at $940 per month for fiscal year 2026. This figure is specific to this ZIP code, reflecting the unique rental market conditions here. In contrast, the local market rent for a two-bedroom unit, according to the Census ACS data, is $688.
A landlord participating in the Section 8 program should understand how the reimbursement works. The voucher payment covers the difference between the local market rent and what the tenant can afford, which is typically 30% of their income. If we assume an average tenant income that requires assistance to cover the $688 market rent, the voucher would make up the shortfall to reach the SAFMR of $940.
Let's break down the reimbursement process:
To illustrate, if a tenant's portion is $200 based on their income, the Housing Authority will pay the remaining $740 to bring the total to the SAFMR of $940. However, since the market rent is only $688, the landlord receives the full market rent plus any utility allowances that don't push the total above the SAFMR.
In ZIP 65739, landlords can expect a surplus when renting a two-bedroom unit under Section 8. The reimbursement gap or surplus is calculated by subtracting the market rent ($688) from the SAFMR ($940), which results in a surplus of $252 per month. This surplus is the extra amount the landlord receives beyond the local market rent, making Section 8 a favorable option for property owners in this area.
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.