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St. Louis City/Saint Louis/63117

63117

ZIPSAFMR
St. Louis City, MO
Zillow

ZIP Investment Score

91Below average

095130300
BRFMR
Eff. Rent
0 BR$1,210$1,150
1 BR$1,260$1,340
2 BR$1,540$1,660
3 BR$1,980$2,180
4 BR$2,280$2,510
5 BR$2,622Not available
6 BR$3,015Not available
7 BR$3,468Not available
8 BR$3,988Not available

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMR$1,540
Market rent$1,730
Est. payment standard (108%)Used$1,660
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.05
1 BR
0.91
2 BR
0.89
3 BR
0.79
4 BR
0.76
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 63117 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 63117 (Saint Louis, MO) is $1,540 a month. That is up 13.2% from $1,360 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, 63117 has the 5th-highest two-bedroom rent (county range $1,040–$2,000). The median county two-bedroom FMR in Missouri is $962, so ZIP 63117 is 60% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 63117
BedroomsFY 2027Change90–110% range
Studio$1,210+13.1%$1,089–$1,331
1BR$1,260+13.5%$1,134–$1,386
2BR$1,540+13.2%$1,386–$1,694
3BR$1,980+13.1%$1,782–$2,178
4BR$2,280+12.9%$2,052–$2,508

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 63117
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,210$1,260$1,540$1,980$2,280
FY 2026$1,070$1,110$1,360$1,750$2,020
FY 2025$1,060$1,090$1,350$1,740$2,010
FY 2024$1,000$1,040$1,300$1,680$1,950
FY 2023$800$850$1,070$1,390$1,620

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

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 63117
63109$1,380−10.4%
63110$1,630+5.8%
63111$1,070−30.5%
63112$1,320−14.3%
63113$1,250−18.8%
63115$1,160−24.7%
63116$1,310−14.9%
63117Current$1,540—
63118$1,320−14.3%
63119$1,440−6.5%
63120$1,120−27.3%
63123$1,370−11.0%

Questions about ZIP 63117 rents

How much will Section 8 pay for a two-bedroom in ZIP 63117?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,540, that basic range is $1,386 to $1,694 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 63117 in?

ZIP 63117 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 63117 for FY 2027?

The two-bedroom FMR rose 13.2%, from $1,360 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 43.9%.

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