FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 63760
1.05ratio
FMR$790
Market$750
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.05
2 BR
2 BR- 63760
1.16ratio
FMR$960
Market$830
vs market+$130
FMR is above market; underwrite to market rent.
1.16
3 BR
3 BR- 63760
1.45ratio
FMR$1,330
Market$920
vs market+$410
FMR is above market; underwrite to market rent.
1.45
4 BR
4 BR- 63760
1.57ratio
FMR$1,600
Market$1,020
vs market+$580
FMR is above market; underwrite to market rent.
1.57
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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Leopold, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Leopold, MO is $960 a month. That is up 4.3% from $920 in FY 2026. Leopold is in the Cape Girardeau, MO-IL MSA. 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 metro-wide two-bedroom FMR of $1,012.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Leopold, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$700
$720
+2.9%
$648–$792
1BR
$750
$790
+5.3%
$711–$869
2BR
$920
$960
+4.3%
$864–$1,056
3BR
$1,270
$1,330
+4.7%
$1,197–$1,463
4BR
$1,530
$1,600
+4.6%
$1,440–$1,760
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Leopold, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$720
$790
$960
$1,330
$1,600
FY 2026
$700
$750
$920
$1,270
$1,530
FY 2025
$680
$730
$900
$1,250
$1,500
FY 2024
$590
$640
$810
$1,140
$1,340
FY 2023
$530
$600
$770
$1,110
$1,230
Questions about Leopold, MO rents
How much will Section 8 pay for a two-bedroom in Leopold, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $960 it would be $864 to $1,056. 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 Leopold, MO in?
Leopold, MO is in the Cape Girardeau, MO-IL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,012.
How much did fair market rent change in Leopold, MO for FY 2027?
The two-bedroom FMR rose 4.3%, from $920 in FY 2026 to $960 in FY 2027. Since FY 2023 it has risen 24.7%.
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