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St. Charles County/Saint Charles/63302

63302

ZIPSAFMR
St. Charles County, MO
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,250$1,250
1 BR$1,300$1,300
2 BR$1,590$1,590
3 BR$2,040$2,040
4 BR$2,350$2,350
5 BR$2,703Not available
6 BR$3,108Not available
7 BR$3,574Not available
8 BR$4,110Not available

Purchase Price Calculator

Maximum purchase price
$174,357

Cost breakdown

+Likely effective rent$1,590
HUD FMRUsed$1,590
Market rentN/A
Est. payment standardN/A
-Principal and interest-$882
Loan amount$139,485
Down payment$34,871
Rate6.50%
Term30 years
-Operating costs-$508
Property taxes-$174
Insurance-$175
Utilities$0
HOA$0
Management-$159
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,604(73.4% ROI)
Projected value
$187,763
Return breakdown
Property appreciation+$13,406
Loan principal paid down+$4,997
Rental cash flow+$7,200
5-year hold
+$43,824(125.7% ROI)
Projected value
$197,269
Return breakdown
Property appreciation+$22,912
Loan principal paid down+$8,912
Rental cash flow+$12,000
10-year hold
+$94,070(269.8% ROI)
Projected value
$223,192
Return breakdown
Property appreciation+$48,835
Loan principal paid down+$21,235
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 63302 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 63302 (Saint Charles, MO) is $1,590 a month. That is up 12.0% from $1,420 in FY 2026. Saint Charles 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 18 ZIP codes in St. Charles County, 63302 is tied for the 8th-highest two-bedroom rent (county range $1,180–$1,980). The median county two-bedroom FMR in Missouri is $962, so ZIP 63302 is 65% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 63302
BedroomsFY 2027Change90–110% range
Studio$1,250+12.6%$1,125–$1,375
1BR$1,300+12.1%$1,170–$1,430
2BR$1,590+12.0%$1,431–$1,749
3BR$2,040+11.5%$1,836–$2,244
4BR$2,350+11.4%$2,115–$2,585

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 63302
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,250$1,300$1,590$2,040$2,350
FY 2026$1,110$1,160$1,420$1,830$2,110
FY 2025$1,090$1,130$1,390$1,800$2,070
FY 2024$1,060$1,110$1,380$1,790$2,070
FY 2023$850$910$1,140$1,480$1,730

Two-bedroom rent in nearby St. Charles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 63302
63301$1,400−11.9%
63302Current$1,590—
63303$1,680+5.7%
63304$1,960+23.3%
63332$1,680+5.7%
63338$1,5900.0%
63341$1,750+10.1%
63346$1,5900.0%
63348$1,980+24.5%
63357$1,180−25.8%
63365$1,540−3.1%
63366$1,540−3.1%

Questions about ZIP 63302 rents

How much will Section 8 pay for a two-bedroom in ZIP 63302?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,590, that basic range is $1,431 to $1,749 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 63302 in?

ZIP 63302 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 63302 for FY 2027?

The two-bedroom FMR rose 12.0%, from $1,420 in FY 2026 to $1,590 in FY 2027. Since FY 2023 it has risen 39.5%.

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 Charles, MO fair market rentMO statewide rentsWhat is SAFMR?Data sources