For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Pierce City, MO is $1,060 a month. That is up 12.8% from $940 in FY 2026. Pierce 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 Pierce City is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Pierce City, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$790
+5.3%
$711–$869
1BR
$760
$810
+6.6%
$729–$891
2BR
$940
$1,060
+12.8%
$954–$1,166
3BR
$1,200
$1,410
+17.5%
$1,269–$1,551
4BR
$1,360
$1,620
+19.1%
$1,458–$1,782
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Pierce City, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$810
$1,060
$1,410
$1,620
FY 2026
$750
$760
$940
$1,200
$1,360
FY 2025
$650
$670
$840
$1,130
$1,250
FY 2024
$660
$670
$840
$1,070
$1,150
FY 2023
$560
$590
$750
$950
$1,050
Questions about Pierce City, MO rents
How much will Section 8 pay for a two-bedroom in Pierce 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 $1,060 it would be $954 to $1,166. 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 Pierce City, MO in?
Pierce 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 Pierce City, MO for FY 2027?
The two-bedroom FMR rose 12.8%, from $940 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 41.3%.
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