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Bollinger County/Glenallen/63751

63751

ZIPSAFMR
Bollinger County, MO
Zillow

ZIP Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$870$700
1 BR$960$730
2 BR$1,170$790
3 BR$1,620$860
4 BR$1,960$980
5 BR$2,254Not available
6 BR$2,592Not available
7 BR$2,981Not available
8 BR$3,428Not available

Purchase Price Calculator

Maximum purchase price
$55,477

Cost breakdown

+Likely effective rent$790
HUD FMR$1,170
Market rentUsed$790
Est. payment standard (90%)$1,050
-Principal and interest-$281
Loan amount$44,382
Down payment$11,095
Rate6.50%
Term30 years
-Operating costs-$309
Property taxes-$55
Insurance-$175
Utilities$0
HOA$0
Management-$79
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$13,056(117.7% ROI)
Projected value
$59,743
Return breakdown
Property appreciation+$4,266
Loan principal paid down+$1,590
Rental cash flow+$7,200
5-year hold
+$22,126(199.4% ROI)
Projected value
$62,767
Return breakdown
Property appreciation+$7,290
Loan principal paid down+$2,836
Rental cash flow+$12,000
10-year hold
+$46,295(417.2% ROI)
Projected value
$71,015
Return breakdown
Property appreciation+$15,538
Loan principal paid down+$6,757
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.24
1 BR
1.32
2 BR
1.48
3 BR
1.88
4 BR
2.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 63751 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 63751 (Glenallen, MO) is $1,170 a month. That is up 4.5% from $1,120 in FY 2026. Glenallen is in the Cape Girardeau, MO-IL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,012. Among 13 ZIP codes in Bollinger County, 63751 has the 2nd-highest two-bedroom rent (county range $960–$1,230). The median county two-bedroom FMR in Missouri is $962, so ZIP 63751 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 63751
BedroomsFY 2027Change90–110% range
Studio$870+1.2%$783–$957
1BR$960+5.5%$864–$1,056
2BR$1,170+4.5%$1,053–$1,287
3BR$1,620+3.8%$1,458–$1,782
4BR$1,960+4.3%$1,764–$2,156

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 63751
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$870$960$1,170$1,620$1,960
FY 2026$860$910$1,120$1,560$1,880
FY 2025$780$830$1,030$1,440$1,730
FY 2024$700$760$950$1,340$1,570
FY 2023$600$690$880$1,250$1,390

Two-bedroom rent in nearby Bollinger County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 63751
63645$1,060−9.4%
63655$1,140−2.6%
63662$1,120−4.3%
63730$980−16.2%
63750$1,080−7.7%
63751Current$1,170—
63760$960−17.9%
63764$960−17.9%
63775$1,050−10.3%
63781$1,230+5.1%
63782$970−17.1%
63787$1,030−12.0%

Questions about ZIP 63751 rents

How much will Section 8 pay for a two-bedroom in ZIP 63751?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,012, which applies unless the housing authority uses Small Area FMRs, that basic range is $911 to $1,113 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. 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 63751 in?

ZIP 63751 is in the Cape Girardeau, MO-IL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,012.

How much did fair market rent change in ZIP 63751 for FY 2027?

The two-bedroom FMR rose 4.5%, from $1,120 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 33.0%.

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