Location: Taney County, MO | Metro: Springfield, MO HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 65759 within the Taney County, MO metro highlights its unique position based on specific figures. With a Fair Market Rent (FMR) of $830 for fiscal year 2024, it exceeds the average market rent of $639, indicating a higher demand for rental properties or a limited supply in the area. The median home value in ZIP 65759 is $220,957, which needs to be compared against the broader Taney County averages to fully assess its market tier.
Average renter share data for Taney County, MO, was not directly available from the search results. However, the presence of a relatively low renter share of 6.2% in ZIP 65759 suggests a higher rate of homeownership compared to typical metropolitan areas. This could mean that 65759 leans more towards being an owner-occupied neighborhood rather than a rental-heavy one. Yet, the higher FMR indicates that there is still a notable rental market in the area.
To determine whether ZIP 65759 is a value pocket, mid-tier neighborhood, or a premium sub-market, we need to consider the interplay between its FMR, market rent, home values, and renter share. Given that the FMR is above the average market rent but the home value is a specific figure without comparative context, we cannot definitively categorize it without additional data. However, the combination of a high FMR and a below-metro home value could signal a value pocket for investors, especially those interested in Section 8 housing, as it suggests potential for higher rental income relative to the cost of the property.
The divergence between the FMR and market rent, alongside the specific home value and renter share, provides insights into the local real estate dynamics. Landlords and small-portfolio investors should consider these factors when evaluating investment opportunities in ZIP 65759, recognizing the potential for rental income to outpace the cost of property acquisition.
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.