FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 64034
1.44ratio
FMR$1,970
Market$1,370
vs market+$600
FMR is above market; underwrite to market rent.
1.44
2 BR
2 BR- 64034
1.26ratio
FMR$2,230
Market$1,770
vs market+$460
FMR is above market; underwrite to market rent.
1.26
3 BR
3 BR- 64034
1.40ratio
FMR$2,910
Market$2,080
vs market+$830
FMR is above market; underwrite to market rent.
1.40
4 BR
4 BR- 64034
1.45ratio
FMR$3,490
Market$2,410
vs market+$1,080
FMR is above market; underwrite to market rent.
1.45
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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Greenwood, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Greenwood, MO is $2,230 a month. That is up 11.5% from $2,000 in FY 2026. Greenwood 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 Greenwood is 132% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Greenwood, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,610
$1,810
+12.4%
$1,629–$1,991
1BR
$1,760
$1,970
+11.9%
$1,773–$2,167
2BR
$2,000
$2,230
+11.5%
$2,007–$2,453
3BR
$2,600
$2,910
+11.9%
$2,619–$3,201
4BR
$3,100
$3,490
+12.6%
$3,141–$3,839
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Greenwood, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,810
$1,970
$2,230
$2,910
$3,490
FY 2026
$1,610
$1,760
$2,000
$2,600
$3,100
FY 2025
$1,570
$1,730
$1,970
$2,570
$3,040
FY 2024
$1,460
$1,620
$1,860
$2,430
$2,860
FY 2023
$1,300
$1,470
$1,710
$2,250
$2,610
Questions about Greenwood, MO rents
How much will Section 8 pay for a two-bedroom in Greenwood, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,230, that basic range is $2,007 to $2,453 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 Greenwood, MO in?
Greenwood, 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 Greenwood, MO for FY 2027?
The two-bedroom FMR rose 11.5%, from $2,000 in FY 2026 to $2,230 in FY 2027. Since FY 2023 it has risen 30.4%.
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