Section 8 Fair Market Rent (FMR) for ZIP 66110 - 2027

FY 2027 Fair Market Rent Rates

The classification of ZIP code 66110 in Missouri hinges largely on the available data points for analysis. With a Fair Market Rent (FMR) of $1,250 for fiscal year 2026, the yield potential for landlords and small-portfolio investors is quite clear. However, the lack of specific market rent and home value data complicates a full assessment of the yield. Without these figures, it's challenging to determine if the FMR represents a high-yield scenario compared to typical market rents or home values in the area.

Moving on to stability, the data is insufficient to make a robust determination. The absence of percentages for renters, days on market (DOM), and average income levels means that we cannot accurately gauge the financial health and predictability of the rental market in ZIP 66110. Stability is crucial for steady cash flow, but without knowing the percentage of residents who are renters, how long homes typically stay on the market before being rented, and the income levels of the residents, it's impossible to assess whether this area offers consistent returns or if there are risks associated with tenant turnover and housing demand.

In summary, based on the provided data, ZIP 66110 presents an opportunity for a yield of $1,250 per month according to the FMR, which is the only concrete figure we have. However, the missing data points prevent us from fully categorizing this market as either high-yield/low-stability or a steady-cashflow zone. To make a definitive call, more specific market rent and home value data, along with information about the percentage of renters and average income levels, would be necessary.

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.