FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 64024
1.09ratio
FMR$1,100
Market$1,010
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.09
2 BR
2 BR- 64024
0.98ratio
FMR$1,240
Market$1,270
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 64024
0.92ratio
FMR$1,620
Market$1,770
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 64024
0.88ratio
FMR$1,940
Market$2,210
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.88
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Excelsior Springs, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Excelsior Springs, MO is $1,240 a month. That is up 13.8% from $1,090 in FY 2026. Excelsior Springs is in the Kansas City, MO-KS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Missouri is $962, so Excelsior Springs is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Excelsior Springs, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$880
$1,010
+14.8%
$909–$1,111
1BR
$960
$1,100
+14.6%
$990–$1,210
2BR
$1,090
$1,240
+13.8%
$1,116–$1,364
3BR
$1,420
$1,620
+14.1%
$1,458–$1,782
4BR
$1,690
$1,940
+14.8%
$1,746–$2,134
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Excelsior Springs, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,100
$1,240
$1,620
$1,940
FY 2026
$880
$960
$1,090
$1,420
$1,690
FY 2025
$890
$990
$1,140
$1,490
$1,740
FY 2024
$810
$910
$1,050
$1,380
$1,600
FY 2023
$700
$790
$930
$1,230
$1,420
Questions about Excelsior Springs, MO rents
How much will Section 8 pay for a two-bedroom in Excelsior Springs, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,240, that basic range is $1,116 to $1,364 a month. 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 Excelsior Springs, MO in?
Excelsior Springs, MO is in the Kansas City, MO-KS HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Excelsior Springs, MO for FY 2027?
The two-bedroom FMR rose 13.8%, from $1,090 in FY 2026 to $1,240 in FY 2027. Since FY 2023 it has risen 33.3%.
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