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64772

ZIPSAFMR
Vernon County, MO

ZIP Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$730$800
1 BR$760$770
2 BR$990$890
3 BR$1,250$1,060
4 BR$1,490$1,160
5 BR$1,713Not available
6 BR$1,971Not available
7 BR$2,266Not available
8 BR$2,606Not available

Purchase Price Calculator

Maximum purchase price
$70,337

Cost breakdown

+Likely effective rent$890
HUD FMR$990
Market rentUsed$890
Est. payment standard (93%)$930
-Principal and interest-$356
Loan amount$56,270
Down payment$14,067
Rate6.50%
Term30 years
-Operating costs-$334
Property taxes-$70
Insurance-$175
Utilities$0
HOA$0
Management-$89
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,624(104.0% ROI)
Projected value
$75,745
Return breakdown
Property appreciation+$5,408
Loan principal paid down+$2,016
Rental cash flow+$7,200
5-year hold
+$24,838(176.6% ROI)
Projected value
$79,580
Return breakdown
Property appreciation+$9,243
Loan principal paid down+$3,595
Rental cash flow+$12,000
10-year hold
+$52,267(371.5% ROI)
Projected value
$90,037
Return breakdown
Property appreciation+$19,700
Loan principal paid down+$8,566
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.97
2 BR
1.11
3 BR
1.18
4 BR
1.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 64772 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64772 (Nevada, MO) is $990 a month. That is up 8.8% from $910 in FY 2026. Nevada is in the Vernon County, MO non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $994. Among 14 ZIP codes in Vernon County, 64772 is tied for the 8th-highest two-bedroom rent (county range $960–$1,120). The median county two-bedroom FMR in Missouri is $962, so ZIP 64772 is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 64772
BedroomsFY 2027Change90–110% range
Studio$730+7.4%$657–$803
1BR$760+10.1%$684–$836
2BR$990+8.8%$891–$1,089
3BR$1,250+9.6%$1,125–$1,375
4BR$1,490+10.4%$1,341–$1,639

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 64772
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$730$760$990$1,250$1,490
FY 2026$680$690$910$1,140$1,350
FY 2025$660$670$880$1,080$1,330
FY 2024area FMR$652$658$865$1,096$1,379
FY 2023area FMR$596$615$809$1,058$1,322

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Vernon County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 64772
64744$1,040+5.1%
64750$1,010+2.0%
64752$1,120+13.1%
64765$1,070+8.1%
64767$9900.0%
64771$960−3.0%
64772Current$990—
64778$1,040+5.1%
64779$1,070+8.1%
64783$1,050+6.1%
64784$960−3.0%
64790$9900.0%

Questions about ZIP 64772 rents

How much will Section 8 pay for a two-bedroom in ZIP 64772?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $994, which applies unless the housing authority uses Small Area FMRs, that basic range is $895 to $1,093 a month; under the ZIP-level Small Area FMR of $990 it would be $891 to $1,089. 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 64772 in?

ZIP 64772 is in the Vernon County, MO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $994.

How much did fair market rent change in ZIP 64772 for FY 2027?

The two-bedroom FMR rose 8.8%, from $910 in FY 2026 to $990 in FY 2027. Since FY 2025 it has risen 12.5%.

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