Location: Ozark County, MO | Metro: Ozark County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 65784 in fiscal year 2026 is set at $890. This figure represents the payment standard for Section 8 housing vouchers in the area, meaning that the government will pay up to $890 per month towards a tenant's rent. It's important to note that this is not the actual rent you would charge your tenants; it's the maximum amount the voucher can cover.
In ZIP 65784, the local median rent is currently listed as N/A, which indicates there might be limited data available on typical market rents in this specific area. However, the FMR serves as a benchmark to ensure that rents charged to Section 8 tenants are reasonable and competitive with the market rates.
The 0.0% renter share statistic suggests that there is no additional rent that tenants would need to pay out-of-pocket beyond what the voucher covers. In other words, the entire rent would be subsidized by the government, which could mean a high demand for Section 8 properties but also implies that landlords should carefully consider the maintenance and management costs associated with the property since they won't receive extra income from the tenants.
Regarding acquisition costs, the N/A value here indicates that there isn't enough data to provide a clear picture of how much it typically costs to acquire a rental property in this ZIP code. This could mean that property values are highly variable or that there is little recent activity to draw from.
Before deciding to take the plunge into Section 8 rentals, it's crucial to verify the condition of the property you're interested in. The Housing Quality Standards (HQS) set by the Department of Housing and Urban Development (HUD) must be met for a property to be eligible for Section 8. These standards ensure that the home is safe and habitable for tenants. Make sure to conduct a thorough inspection and possibly hire a professional to assess whether any repairs are needed to meet these standards.
While the $890 FMR provides a reliable guideline for setting your rent, understanding the local market and the specific requirements for Section 8 participation will help you make an informed decision about investing in this program.
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.