FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR
0.95ratio
FMR$1,430
Market$1,510
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR
0.94ratio
FMR$1,840
Market$1,960
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.94
4 BR
4 BR
0.79ratio
FMR$2,120
Market$2,680
vs market-$560
FMR is below market; voucher rent may lag private rents.
0.79
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
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ZIP 63045 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 63045 (Earth City, MO) is $1,430 a month. That is up 10.0% from $1,300 in FY 2026. Earth City 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. Among 54 ZIP codes in St. Louis County, 63045 is tied for the 24th-highest two-bedroom rent (county range $1,060–$2,020). The median county two-bedroom FMR in Missouri is $962, so ZIP 63045 is 49% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 63045
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,020
$1,130
+10.8%
$1,017–$1,243
1BR
$1,060
$1,170
+10.4%
$1,053–$1,287
2BR
$1,300
$1,430
+10.0%
$1,287–$1,573
3BR
$1,670
$1,840
+10.2%
$1,656–$2,024
4BR
$1,930
$2,120
+9.8%
$1,908–$2,332
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 63045
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,170
$1,430
$1,840
$2,120
FY 2026
$1,020
$1,060
$1,300
$1,670
$1,930
FY 2025
$1,010
$1,050
$1,290
$1,670
$1,920
FY 2024
$990
$1,040
$1,290
$1,670
$1,940
FY 2023
$800
$850
$1,070
$1,390
$1,620
Two-bedroom rent in nearby St. Louis County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 63045?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,430, that basic range is $1,287 to $1,573 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 ZIP 63045 in?
ZIP 63045 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 ZIP 63045 for FY 2027?
The two-bedroom FMR rose 10.0%, from $1,300 in FY 2026 to $1,430 in FY 2027. Since FY 2023 it has risen 33.6%.
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