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MO/Pike County/Bowling Green

Bowling Green, MO

CitySAFMR
Pike County
Found 1 ZIP

City Median Investment Score

92Below average

095130300
BRFMR
Eff. Rent
0 BR$740$740
1 BR$770$770
2 BR$1,010$1,010
3 BR$1,200$1,200
4 BR$1,340$1,340
5 BR$1,541Not available
6 BR$1,772Not available
7 BR$2,038Not available
8 BR$2,344Not available

Purchase Price Calculator

Maximum purchase price
$88,169

Cost breakdown

+Likely effective rent$1,010
HUD FMRUsed$1,010
Market rentN/A
Est. payment standardN/A
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Bowling Green, MO fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bowling Green, MO is $1,010 a month. That is up 2.0% from $990 in FY 2026. Bowling Green is in the Pike County, MO non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,025. The median county two-bedroom FMR in Missouri is $962, so Bowling Green is 5% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Bowling Green, MO
BedroomsFY 2027Change90–110% range
Studio$740−2.6%$666–$814
1BR$770−3.7%$693–$847
2BR$1,010+2.0%$909–$1,111
3BR$1,200−5.5%$1,080–$1,320
4BR$1,340−9.5%$1,206–$1,474

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Bowling Green, MO
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$740$770$1,010$1,200$1,340
FY 2026$760$800$990$1,270$1,480
FY 2025$840$880$1,090$1,410$1,640
FY 2024$680$720$900$1,170$1,370
FY 2023$630$680$860$1,110$1,310

Questions about Bowling Green, MO rents

How much will Section 8 pay for a two-bedroom in Bowling Green, MO?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,025, which applies unless the housing authority uses Small Area FMRs, that basic range is $923 to $1,128 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Bowling Green, MO in?

Bowling Green, MO is in the Pike County, MO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,025.

How much did fair market rent change in Bowling Green, MO for FY 2027?

The two-bedroom FMR rose 2.0%, from $990 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 17.4%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set