Location: Camden County, MO | Metro: Camden County, MO
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 | $900 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,220 | $266,825 | 0.46% | F |
| 3BR | $1,700 | $391,028 | 0.43% | F |
| 4BR | $1,800 | $568,608 | 0.32% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 65787, Roach, Missouri, set at $1,350 for the metro area fiscal year 2026, represents the maximum amount that a landlord can charge for a Section 8 rental unit. This figure is not the actual rent you will receive; rather, it's the benchmark used by the government to determine the maximum rent subsidy for tenants. The actual rent you receive will be based on the tenant's income and other factors.
To put this into perspective, the average rent in ZIP 65787, according to Census ACS data, is $1,086. This suggests that the FMR of $1,350 is above the local average, potentially offering higher rental income for those willing to participate in the Section 8 program. However, it's important to note that the rent you charge must be reasonable and cannot exceed the FMR.
In ZIP 65787, about 10.0% of residents are renters. This indicates a moderate demand for rental properties, including those participating in the Section 8 program. While the demand isn't extremely high, there is a steady pool of potential tenants who could benefit from the lower rent ceilings provided by the Section 8 program.
If you're looking to acquire a property in this area, the median home value stands at $328,026. This price point should be considered when evaluating whether a Section 8 rental fits into your investment strategy. Given the FMR and the typical renter share, a Section 8 rental could provide a stable source of income, though it may not fully cover the mortgage payments on a property of this value.
Before proceeding with a Section 8 rental in ZIP 65787, ensure that your property meets all the required standards for habitability and safety. The Housing Quality Standards (HQS) inspection is mandatory and failing it could mean losing out on the opportunity to participate in the program. Verify that your property complies with these standards to avoid any delays or disqualifications.
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.