FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR
0.69ratio
FMR$1,440
Market$2,080
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.69
2 BR
2 BR
0.78ratio
FMR$1,630
Market$2,090
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR
0.95ratio
FMR$2,130
Market$2,250
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR
1.03ratio
FMR$2,550
Market$2,480
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.03
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 64092 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64092 (Waldron, MO) is $1,630 a month. That is up 14.0% from $1,430 in FY 2026. Waldron 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 23 ZIP codes in Platte County, 64092 is tied for the 5th-highest two-bedroom rent (county range $1,030–$1,800). The median county two-bedroom FMR in Missouri is $962, so ZIP 64092 is 69% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 64092
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,150
$1,320
+14.8%
$1,188–$1,452
1BR
$1,260
$1,440
+14.3%
$1,296–$1,584
2BR
$1,430
$1,630
+14.0%
$1,467–$1,793
3BR
$1,860
$2,130
+14.5%
$1,917–$2,343
4BR
$2,210
$2,550
+15.4%
$2,295–$2,805
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 64092
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,320
$1,440
$1,630
$2,130
$2,550
FY 2026
$1,150
$1,260
$1,430
$1,860
$2,210
FY 2025
$1,230
$1,350
$1,540
$2,000
$2,370
FY 2024
$1,140
$1,270
$1,460
$1,910
$2,240
FY 2023
$1,050
$1,190
$1,380
$1,810
$2,100
Two-bedroom rent in nearby Platte County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 64092?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,630, that basic range is $1,467 to $1,793 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 64092 in?
ZIP 64092 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 64092 for FY 2027?
The two-bedroom FMR rose 14.0%, from $1,430 in FY 2026 to $1,630 in FY 2027. Since FY 2023 it has risen 18.1%.
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