FMR is below market; voucher rent may lag private rents.
0.90
1 BR
1 BR- 65738
0.82ratio
FMR$1,070
Market$1,300
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 65738
0.73ratio
FMR$1,300
Market$1,790
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 65738
1.10ratio
FMR$1,800
Market$1,640
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.10
4 BR
4 BR- 65738
1.04ratio
FMR$2,060
Market$1,980
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.04
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
--
Republic, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Republic, MO is $1,300 a month. That is up 1.6% from $1,280 in FY 2026. Republic is in the Springfield, 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 $1,113. The median county two-bedroom FMR in Missouri is $962, so Republic is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Republic, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$1,060
+2.9%
$954–$1,166
1BR
$1,030
$1,070
+3.9%
$963–$1,177
2BR
$1,280
$1,300
+1.6%
$1,170–$1,430
3BR
$1,750
$1,800
+2.9%
$1,620–$1,980
4BR
$1,990
$2,060
+3.5%
$1,854–$2,266
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Republic, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,060
$1,070
$1,300
$1,800
$2,060
FY 2026
$1,030
$1,030
$1,280
$1,750
$1,990
FY 2025
$910
$920
$1,150
$1,580
$1,770
FY 2024
$810
$820
$1,040
$1,440
$1,620
FY 2023
$740
$740
$950
$1,340
$1,510
Questions about Republic, MO rents
How much will Section 8 pay for a two-bedroom in Republic, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,113, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,002 to $1,224 a month; under the ZIP-level Small Area FMR of $1,300 it would be $1,170 to $1,430. 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 Republic, MO in?
Republic, MO is in the Springfield, MO HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,113.
How much did fair market rent change in Republic, MO for FY 2027?
The two-bedroom FMR rose 1.6%, from $1,280 in FY 2026 to $1,300 in FY 2027. Since FY 2023 it has risen 36.8%.
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