Section 8 Fair Market Rent (FMR) for ZIP 65765 - 2027

FY 2027 Fair Market Rent Rates

ZIP code 65765, located in the Springfield, MO HUD Metro FMR Area, should be considered a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $920. This figure represents the maximum amount that a landlord can charge for a Section 8 voucher, ensuring a predictable and stable rental income.

The lack of available market data suggests that the local real estate market is relatively inactive or underreported, which aligns with the idea of using this ZIP code as an anchor for cash flow stability. Since there are no recent sales or median home values listed, it indicates that the area may not experience significant price fluctuations, making it a reliable choice for landlords seeking consistent returns.

Furthermore, the absence of specific data regarding price-cut shares and days on market (DOM) implies a steady demand for rental properties without the volatility seen in more active markets. This stability is crucial for maintaining positive cash flow, especially when relying on government-backed programs like Section 8.

In conclusion, ZIP 65765 serves as a strong cash-flow anchor due to its predictable FMR and the limited evidence of market turbulence. Landlords and small-portfolio investors can confidently allocate resources here, knowing they will receive a steady stream of rental income without the risk of rapid price changes or extended periods of unsold inventory.

Data Sources: FMR data from HUD (2027).

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.