For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Odessa, MO is $1,250 a month. That is up 16.8% from $1,070 in FY 2026. Odessa is in the Johnson County, MO non-metropolitan 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 county-wide two-bedroom FMR of $1,033. The median county two-bedroom FMR in Missouri is $962, so Odessa is 30% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Odessa, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$870
$1,010
+16.1%
$909–$1,111
1BR
$940
$1,100
+17.0%
$990–$1,210
2BR
$1,070
$1,250
+16.8%
$1,125–$1,375
3BR
$1,400
$1,640
+17.1%
$1,476–$1,804
4BR
$1,670
$1,960
+17.4%
$1,764–$2,156
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Odessa, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,100
$1,250
$1,640
$1,960
FY 2026
$870
$940
$1,070
$1,400
$1,670
FY 2025
$890
$990
$1,140
$1,490
$1,740
FY 2024
$800
$910
$1,050
$1,380
$1,600
FY 2023
$690
$790
$930
$1,230
$1,420
Questions about Odessa, MO rents
How much will Section 8 pay for a two-bedroom in Odessa, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,033, which applies unless the housing authority uses Small Area FMRs, that basic range is $930 to $1,136 a month; under the ZIP-level Small Area FMR of $1,250 it would be $1,125 to $1,375. 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 Odessa, MO in?
Odessa, MO is in the Johnson County, MO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,033.
How much did fair market rent change in Odessa, MO for FY 2027?
The two-bedroom FMR rose 16.8%, from $1,070 in FY 2026 to $1,250 in FY 2027. Since FY 2023 it has risen 34.4%.
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