Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Old Monroe, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Old Monroe, MO is $1,460 a month. That is up 20.7% from $1,210 in FY 2026. Old Monroe is in the St. Louis, MO-IL 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 Old Monroe is 52% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Old Monroe, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$950
$1,150
+21.1%
$1,035–$1,265
1BR
$990
$1,200
+21.2%
$1,080–$1,320
2BR
$1,210
$1,460
+20.7%
$1,314–$1,606
3BR
$1,560
$1,870
+19.9%
$1,683–$2,057
4BR
$1,800
$2,160
+20.0%
$1,944–$2,376
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Old Monroe, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,200
$1,460
$1,870
$2,160
FY 2026
$950
$990
$1,210
$1,560
$1,800
FY 2025
$850
$880
$1,090
$1,410
$1,640
FY 2024
$810
$840
$1,050
$1,360
$1,580
FY 2023
$670
$710
$890
$1,150
$1,350
Questions about Old Monroe, MO rents
How much will Section 8 pay for a two-bedroom in Old Monroe, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,460, that basic range is $1,314 to $1,606 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 Old Monroe, MO in?
Old Monroe, MO is in the St. Louis, MO-IL 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 Old Monroe, MO for FY 2027?
The two-bedroom FMR rose 20.7%, from $1,210 in FY 2026 to $1,460 in FY 2027. Since FY 2023 it has risen 64.0%.
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