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Jasper County/Carthage/64836

64836

ZIPSAFMR
Jasper County, MO
Zillow

ZIP Investment Score

71Below average

095130300
BRFMR
Eff. Rent
0 BR$930$840
1 BR$930$840
2 BR$1,180$1,070
3 BR$1,540$1,230
4 BR$1,670$1,290
5 BR$1,920Not available
6 BR$2,209Not available
7 BR$2,540Not available
8 BR$2,921Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$1,180
Market rentUsed$1,070
Est. payment standard (94%)$1,110
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
1.11
2 BR
1.10
3 BR
1.25
4 BR
1.29
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 64836 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64836 (Carthage, MO) is $1,180 a month. That is up 22.9% from $960 in FY 2026. Carthage is in the Joplin, MO HUD Metro 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 metro-wide two-bedroom FMR of $1,153. Among 22 ZIP codes in Jasper County, 64836 has the 9th-highest two-bedroom rent (county range $960–$1,480). The median county two-bedroom FMR in Missouri is $962, so ZIP 64836 is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 64836
BedroomsFY 2027Change90–110% range
Studio$930+20.8%$837–$1,023
1BR$930+19.2%$837–$1,023
2BR$1,180+22.9%$1,062–$1,298
3BR$1,540+23.2%$1,386–$1,694
4BR$1,670+28.5%$1,503–$1,837

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 64836
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$930$1,180$1,540$1,670
FY 2026$770$780$960$1,250$1,300
FY 2025$840$850$1,050$1,340$1,430
FY 2024$730$750$930$1,190$1,280
FY 2023$620$660$830$1,050$1,170

Two-bedroom rent in nearby Jasper County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 64836
64830$1,090−7.6%
64832$1,360+15.3%
64833$1,190+0.8%
64834$1,480+25.4%
64835$1,070−9.3%
64836Current$1,180—
64840$960−18.6%
64841$1,080−8.5%
64848$1,080−8.5%
64849$1,010−14.4%
64855$1,260+6.8%
64857$1,140−3.4%

Questions about ZIP 64836 rents

How much will Section 8 pay for a two-bedroom in ZIP 64836?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,153, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,038 to $1,268 a month; under the ZIP-level Small Area FMR of $1,180 it would be $1,062 to $1,298. 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 64836 in?

ZIP 64836 is in the Joplin, MO HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,153.

How much did fair market rent change in ZIP 64836 for FY 2027?

The two-bedroom FMR rose 22.9%, from $960 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 42.2%.

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