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Perryville, MO

CitySAFMR
Cape Girardeau County
Found 1 ZIP

City Median Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$770$740
1 BR$960$760
2 BR$1,050$800
3 BR$1,370$910
4 BR$1,500$850
5 BR$1,725Not available
6 BR$1,984Not available
7 BR$2,281Not available
8 BR$2,624Not available

Purchase Price Calculator

Maximum purchase price
$56,963

Cost breakdown

+Likely effective rent$800
HUD FMR$1,050
Market rentUsed$800
Est. payment standard (90%)$950
-Principal and interest-$288
Loan amount$45,571
Down payment$11,393
Rate6.50%
Term30 years
-Operating costs-$312
Property taxes-$57
Insurance-$175
Utilities$0
HOA$0
Management-$80
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$13,213(116.0% ROI)
Projected value
$61,343
Return breakdown
Property appreciation+$4,380
Loan principal paid down+$1,633
Rental cash flow+$7,200
5-year hold
+$22,397(196.6% ROI)
Projected value
$64,449
Return breakdown
Property appreciation+$7,485
Loan principal paid down+$2,912
Rental cash flow+$12,000
10-year hold
+$46,892(411.6% ROI)
Projected value
$72,918
Return breakdown
Property appreciation+$15,955
Loan principal paid down+$6,938
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.04
1 BR
1.26
2 BR
1.31
3 BR
1.51
4 BR
1.76
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Perryville, MO fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Perryville, MO is $1,050 a month. That is up 10.5% from $950 in FY 2026. Perryville 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. The median county two-bedroom FMR in Missouri is $962, so Perryville is 9% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Perryville, MO
BedroomsFY 2027Change90–110% range
Studio$770+8.5%$693–$847
1BR$960+10.3%$864–$1,056
2BR$1,050+10.5%$945–$1,155
3BR$1,370+8.7%$1,233–$1,507
4BR$1,500+0.7%$1,350–$1,650

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Perryville, MO
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$770$960$1,050$1,370$1,500
FY 2026$710$870$950$1,260$1,490
FY 2025$660$790$880$1,190$1,390
FY 2024$660$720$900$1,270$1,490
FY 2023$550$620$800$1,140$1,260

Questions about Perryville, MO rents

How much will Section 8 pay for a two-bedroom in Perryville, 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 $1,050 it would be $945 to $1,155. 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 Perryville, MO in?

Perryville, 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 Perryville, MO for FY 2027?

The two-bedroom FMR rose 10.5%, from $950 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 31.3%.

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