FMR is below market; voucher rent may lag private rents.
0.69
1 BR
1 BR- 63070
0.70ratio
FMR$870
Market$1,240
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.70
2 BR
2 BR- 63070
0.70ratio
FMR$1,060
Market$1,520
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 63070
0.73ratio
FMR$1,360
Market$1,870
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR- 63070
0.75ratio
FMR$1,570
Market$2,100
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.75
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
--
Pevely, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Pevely, MO is $1,060 a month. That is up 7.1% from $990 in FY 2026. Pevely 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 Pevely is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Pevely, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$760
$840
+10.5%
$756–$924
1BR
$800
$870
+8.8%
$783–$957
2BR
$990
$1,060
+7.1%
$954–$1,166
3BR
$1,270
$1,360
+7.1%
$1,224–$1,496
4BR
$1,480
$1,570
+6.1%
$1,413–$1,727
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Pevely, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$840
$870
$1,060
$1,360
$1,570
FY 2026
$760
$800
$990
$1,270
$1,480
FY 2025
$840
$880
$1,090
$1,410
$1,640
FY 2024
$740
$770
$960
$1,240
$1,440
FY 2023
$630
$680
$860
$1,110
$1,310
Questions about Pevely, MO rents
How much will Section 8 pay for a two-bedroom in Pevely, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,060, that basic range is $954 to $1,166 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 Pevely, MO in?
Pevely, 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 Pevely, MO for FY 2027?
The two-bedroom FMR rose 7.1%, from $990 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 23.3%.
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