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St. Louis City/Saint Louis/63105

63105

ZIPSAFMR
St. Louis City, MO
Zillow

ZIP Investment Score

40Below average

095130300
BRFMR
Eff. Rent
0 BR$1,490$1,300
1 BR$1,550$1,350
2 BR$1,890$1,710
3 BR$2,430$2,500
4 BR$2,800$3,030
5 BR$3,220Not available
6 BR$3,703Not available
7 BR$4,258Not available
8 BR$4,897Not available

Purchase Price Calculator

Maximum purchase price
$192,189

Cost breakdown

+Likely effective rent$1,710
HUD FMR$1,890
Market rentUsed$1,710
Est. payment standard (94%)$1,770
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.15
1 BR
1.15
2 BR
1.11
3 BR
0.96
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 63105 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 63105 (Saint Louis, MO) is $1,890 a month. That is up 9.2% from $1,730 in FY 2026. Saint Louis 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 35 ZIP codes in St. Louis City, 63105 has the 2nd-highest two-bedroom rent (county range $1,040–$2,000). The median county two-bedroom FMR in Missouri is $962, so ZIP 63105 is 96% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 63105
BedroomsFY 2027Change90–110% range
Studio$1,490+9.6%$1,341–$1,639
1BR$1,550+9.9%$1,395–$1,705
2BR$1,890+9.2%$1,701–$2,079
3BR$2,430+9.0%$2,187–$2,673
4BR$2,800+8.9%$2,520–$3,080

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 63105
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,550$1,890$2,430$2,800
FY 2026$1,360$1,410$1,730$2,230$2,570
FY 2025$1,360$1,410$1,740$2,250$2,590
FY 2024$1,300$1,360$1,690$2,190$2,540
FY 2023$1,010$1,070$1,350$1,750$2,040

Two-bedroom rent in nearby St. Louis City ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 63105
63101$1,600−15.3%
63102$1,450−23.3%
63103$1,270−32.8%
63104$1,490−21.2%
63105Current$1,890—
63106$1,040−45.0%
63107$1,100−41.8%
63108$2,000+5.8%
63109$1,380−27.0%
63110$1,630−13.8%
63111$1,070−43.4%
63112$1,320−30.2%

Questions about ZIP 63105 rents

How much will Section 8 pay for a two-bedroom in ZIP 63105?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,890, that basic range is $1,701 to $2,079 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 63105 in?

ZIP 63105 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 63105 for FY 2027?

The two-bedroom FMR rose 9.2%, from $1,730 in FY 2026 to $1,890 in FY 2027. Since FY 2023 it has risen 40.0%.

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

County fair market rentSaint Louis, MO fair market rentMO statewide rentsWhat is SAFMR?Data sources