FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR- 64029
1.40ratio
FMR$1,510
Market$1,080
vs market+$430
FMR is above market; underwrite to market rent.
1.40
2 BR
2 BR- 64029
1.31ratio
FMR$1,710
Market$1,310
vs market+$400
FMR is above market; underwrite to market rent.
1.31
3 BR
3 BR- 64029
1.16ratio
FMR$2,230
Market$1,930
vs market+$300
FMR is above market; underwrite to market rent.
1.16
4 BR
4 BR- 64029
1.10ratio
FMR$2,680
Market$2,430
vs market+$250
FMR is above market; underwrite to market rent.
1.10
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
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Mortgage rate
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Grain Valley, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Grain Valley, MO is $1,710 a month. That is up 14.8% from $1,490 in FY 2026. Grain Valley 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 Grain Valley is 78% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Grain Valley, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,200
$1,390
+15.8%
$1,251–$1,529
1BR
$1,310
$1,510
+15.3%
$1,359–$1,661
2BR
$1,490
$1,710
+14.8%
$1,539–$1,881
3BR
$1,940
$2,230
+14.9%
$2,007–$2,453
4BR
$2,310
$2,680
+16.0%
$2,412–$2,948
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Grain Valley, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,390
$1,510
$1,710
$2,230
$2,680
FY 2026
$1,200
$1,310
$1,490
$1,940
$2,310
FY 2025
$1,170
$1,280
$1,460
$1,900
$2,250
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 Grain Valley, MO rents
How much will Section 8 pay for a two-bedroom in Grain Valley, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,710, that basic range is $1,539 to $1,881 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 Grain Valley, MO in?
Grain Valley, 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 Grain Valley, MO for FY 2027?
The two-bedroom FMR rose 14.8%, from $1,490 in FY 2026 to $1,710 in FY 2027. Since FY 2023 it has risen 37.9%.
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