FMR is below market; voucher rent may lag private rents.
0.60
1 BR
1 BR- 64849
0.63ratio
FMR$800
Market$1,280
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.63
2 BR
2 BR- 64849
0.72ratio
FMR$1,010
Market$1,400
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.72
3 BR
3 BR- 64849
0.85ratio
FMR$1,310
Market$1,550
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 64849
0.81ratio
FMR$1,420
Market$1,750
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.81
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
--
Neck City, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Neck City, MO is $1,010 a month. That is up 7.4% from $940 in FY 2026. Neck City is in the Joplin, MO HUD Metro FMR Area. 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 $1,153. The median county two-bedroom FMR in Missouri is $962, so Neck City is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Neck City, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$790
+5.3%
$711–$869
1BR
$760
$800
+5.3%
$720–$880
2BR
$940
$1,010
+7.4%
$909–$1,111
3BR
$1,200
$1,310
+9.2%
$1,179–$1,441
4BR
$1,270
$1,420
+11.8%
$1,278–$1,562
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Neck City, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$800
$1,010
$1,310
$1,420
FY 2026
$750
$760
$940
$1,200
$1,270
FY 2025
$700
$720
$880
$1,140
$1,220
FY 2024
$630
$650
$820
$1,040
$1,120
FY 2023
$570
$610
$770
$970
$1,070
Questions about Neck City, MO rents
How much will Section 8 pay for a two-bedroom in Neck City, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,153, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,038 to $1,268 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 Neck City, MO in?
Neck City, MO is in the Joplin, MO HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,153.
How much did fair market rent change in Neck City, MO for FY 2027?
The two-bedroom FMR rose 7.4%, from $940 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 31.2%.
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