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Lincoln County/Elsberry/63343

63343

ZIPSAFMR
Lincoln County, MO
Zillow

ZIP Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$950$950
1 BR$980$980
2 BR$1,200$1,200
3 BR$1,540$1,540
4 BR$1,780$1,780
5 BR$2,047Not available
6 BR$2,354Not available
7 BR$2,707Not available
8 BR$3,113Not available

Purchase Price Calculator

Maximum purchase price
$116,403

Cost breakdown

+Likely effective rent$1,200
HUD FMRUsed$1,200
Market rentN/A
Est. payment standardN/A
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
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
--
Mortgage rate
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ZIP 63343 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 63343 (Elsberry, MO) is $1,200 a month. That is up 4.3% from $1,150 in FY 2026. Elsberry 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 17 ZIP codes in Lincoln County, 63343 has the 7th-highest two-bedroom rent (county range $960–$1,980). The median county two-bedroom FMR in Missouri is $962, so ZIP 63343 is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 63343
BedroomsFY 2027Change90–110% range
Studio$950+5.6%$855–$1,045
1BR$980+4.3%$882–$1,078
2BR$1,200+4.3%$1,080–$1,320
3BR$1,540+4.1%$1,386–$1,694
4BR$1,780+4.1%$1,602–$1,958

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 63343
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$950$980$1,200$1,540$1,780
FY 2026$900$940$1,150$1,480$1,710
FY 2025$940$980$1,210$1,560$1,790
FY 2024$880$920$1,140$1,480$1,710
FY 2023$670$710$890$1,150$1,350

Two-bedroom rent in nearby Lincoln County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 63343
63333$1,070−10.8%
63334$1,010−15.8%
63343Current$1,200—
63344$1,120−6.7%
63347$1,100−8.3%
63348$1,980+65.0%
63349$1,150−4.2%
63359$960−20.0%
63362$1,350+12.5%
63369$1,460+21.7%
63377$1,070−10.8%
63379$1,230+2.5%

Questions about ZIP 63343 rents

How much will Section 8 pay for a two-bedroom in ZIP 63343?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,200, that basic range is $1,080 to $1,320 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 63343 in?

ZIP 63343 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 63343 for FY 2027?

The two-bedroom FMR rose 4.3%, from $1,150 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 34.8%.

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