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St. Louis City/Saint Louis/63150

63150

ZIPFMR
St. Louis City, MO
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,064$940
1 BR$1,104$1,160
2 BR$1,349$1,390
3 BR$1,731$1,780
4 BR$1,997$2,020
5 BR$2,297Not available
6 BR$2,641Not available
7 BR$3,037Not available
8 BR$3,493Not available

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMR$1,349
Market rent$1,410
Est. payment standard (103%)Used$1,390
-Principal and interest-$731
Loan amount$115,710
Down payment$28,927
Rate6.50%
Term30 years
-Operating costs-$459
Property taxes-$145
Insurance-$175
Utilities$0
HOA$0
Management-$139
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,467(77.7% ROI)
Projected value
$155,758
Return breakdown
Property appreciation+$11,121
Loan principal paid down+$4,146
Rental cash flow+$7,200
5-year hold
+$38,399(132.7% ROI)
Projected value
$163,643
Return breakdown
Property appreciation+$19,006
Loan principal paid down+$7,393
Rental cash flow+$12,000
10-year hold
+$82,126(283.9% ROI)
Projected value
$185,148
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
0.93
2 BR
0.96
3 BR
0.96
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 63150 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 63150 (Saint Louis, MO) is $1,349 a month. That is up 10.8% from $1,218 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. The median county two-bedroom FMR in Missouri is $962, so ZIP 63150 is 40% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 63150
BedroomsFY 2027Change90–110% range
Studio$1,064+11.4%$958–$1,170
1BR$1,104+11.0%$994–$1,214
2BR$1,349+10.8%$1,214–$1,484
3BR$1,731+10.4%$1,558–$1,904
4BR$1,997+10.2%$1,797–$2,197

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 63150
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,064$1,104$1,349$1,731$1,997
FY 2026$955$995$1,218$1,568$1,812
FY 2025$951$984$1,215$1,570$1,806
FY 2024$928$972$1,209$1,565$1,818
FY 2023$748$795$999$1,294$1,512

Questions about ZIP 63150 rents

How much will Section 8 pay for a two-bedroom in ZIP 63150?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,349, that basic range is $1,214 to $1,484 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 63150 in?

ZIP 63150 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 63150 for FY 2027?

The two-bedroom FMR rose 10.8%, from $1,218 in FY 2026 to $1,349 in FY 2027. Since FY 2023 it has risen 35.0%.

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 Fair Market Rents. 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