FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 63376
0.86ratio
FMR$1,220
Market$1,420
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.86
2 BR
2 BR- 63376
0.85ratio
FMR$1,490
Market$1,760
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR- 63376
0.91ratio
FMR$1,910
Market$2,110
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 63376
0.89ratio
FMR$2,210
Market$2,490
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.89
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
--
Saint Peters, MO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saint Peters, MO is $1,490 a month. That is up 10.4% from $1,350 in FY 2026. Saint Peters 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 Saint Peters is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saint Peters, MO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,180
+11.3%
$1,062–$1,298
1BR
$1,100
$1,220
+10.9%
$1,098–$1,342
2BR
$1,350
$1,490
+10.4%
$1,341–$1,639
3BR
$1,740
$1,910
+9.8%
$1,719–$2,101
4BR
$2,010
$2,210
+10.0%
$1,989–$2,431
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saint Peters, MO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,180
$1,220
$1,490
$1,910
$2,210
FY 2026
$1,060
$1,100
$1,350
$1,740
$2,010
FY 2025
$1,010
$1,050
$1,290
$1,670
$1,920
FY 2024
$1,010
$1,050
$1,310
$1,700
$1,970
FY 2023
$820
$870
$1,090
$1,410
$1,650
Questions about Saint Peters, MO rents
How much will Section 8 pay for a two-bedroom in Saint Peters, MO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,490, that basic range is $1,341 to $1,639 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 Saint Peters, MO in?
Saint Peters, 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 Saint Peters, MO for FY 2027?
The two-bedroom FMR rose 10.4%, from $1,350 in FY 2026 to $1,490 in FY 2027. Since FY 2023 it has risen 36.7%.
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