FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 64028
1.02ratio
FMR$1,110
Market$1,090
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 64028
0.83ratio
FMR$1,260
Market$1,520
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR- 64028
0.85ratio
FMR$1,630
Market$1,920
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 64028
0.84ratio
FMR$1,940
Market$2,300
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.84
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
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Farley, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Farley, MO is $1,260 a month. That is down 9.4% from $1,390 in FY 2026. Farley 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 Farley is 31% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Farley, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,000
−9.9%
$900–$1,100
1BR
$1,230
$1,110
−9.8%
$999–$1,221
2BR
$1,390
$1,260
−9.4%
$1,134–$1,386
3BR
$1,810
$1,630
−9.9%
$1,467–$1,793
4BR
$2,150
$1,940
−9.8%
$1,746–$2,134
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Farley, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,000
$1,110
$1,260
$1,630
$1,940
FY 2026
$1,110
$1,230
$1,390
$1,810
$2,150
FY 2025
$1,230
$1,360
$1,540
$2,010
$2,380
FY 2024
$1,050
$1,170
$1,340
$1,750
$2,060
FY 2023
$940
$1,070
$1,240
$1,630
$1,890
Questions about Farley, MO rents
How much will Section 8 pay for a two-bedroom in Farley, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,260, that basic range is $1,134 to $1,386 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 Farley, MO in?
Farley, 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 Farley, MO for FY 2027?
The two-bedroom FMR fell 9.4%, from $1,390 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 1.6%.
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