Skip to main content
Loading page
Cass County/Kingsville/64061

64061

ZIPSAFMR
Cass County, MO
Zillow

ZIP Investment Score

59Below average

095130300
BRFMR
Eff. Rent
0 BR$730$730
1 BR$820$820
2 BR$980$980
3 BR$1,360$1,360
4 BR$1,640$1,640
5 BR$1,886Not available
6 BR$2,169Not available
7 BR$2,494Not available
8 BR$2,868Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMRUsed$980
Market rentN/A
Est. payment standardN/A
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--
Tax rate
--
Mortgage rate
--

ZIP 64061 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64061 (Kingsville, MO) is $980 a month. That is down 4.9% from $1,030 in FY 2026. Kingsville is in the Kansas City, MO-KS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 20 ZIP codes in Cass County, 64061 has the 18th-highest two-bedroom rent (county range $960–$2,230). The median county two-bedroom FMR in Missouri is $962, so ZIP 64061 is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 64061
BedroomsFY 2027Change90–110% range
Studio$730−9.9%$657–$803
1BR$820−8.9%$738–$902
2BR$980−4.9%$882–$1,078
3BR$1,360+0.7%$1,224–$1,496
4BR$1,640+4.5%$1,476–$1,804

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 64061
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$730$820$980$1,360$1,640
FY 2026$810$900$1,030$1,350$1,570
FY 2025$890$990$1,140$1,490$1,740
FY 2024$830$930$1,060$1,390$1,630
FY 2023$810$910$1,060$1,390$1,620

Two-bedroom rent in nearby Cass County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 64061
64012$1,590+62.2%
64034$2,230+127.6%
64040$960−2.0%
64061Current$980—
64070$1,480+51.0%
64078$1,600+63.3%
64080$1,440+46.9%
64082$2,220+126.5%
64083$1,650+68.4%
64090$990+1.0%
64147$1,530+56.1%
64701$1,220+24.5%

Questions about ZIP 64061 rents

How much will Section 8 pay for a two-bedroom in ZIP 64061?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $980, that basic range is $882 to $1,078 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 64061 in?

ZIP 64061 is in the Kansas City, MO-KS 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 64061 for FY 2027?

The two-bedroom FMR fell 4.9%, from $1,030 in FY 2026 to $980 in FY 2027. Since FY 2023 it has fallen 7.5%.

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