Missouri · FIPS 29019 · HUD FY 2027
Boone County, Missouri Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Boone County is $1,076 a month (rent plus utilities), 14% below the Missouri average of $1,250 and 39% below the U.S. average of $1,761. That is down $84 (7.2%) from FY 2026. At 30% of income, a household needs about $43,040 a year to afford it.
- $1,0762-bedroom FMR−$84 (−7.2%) vs FY 2026
- $9591-bedroom FMRMissouri: $1,035 · U.S.: $1,478
- $43,040Income for a 2-bedroom$21/hour full-time
- 29 of 1162BR rank in Missouri1 = highest rent
| Unit | Boone County FY 2027 | FY 2026 | Change | Missouri avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $749 | $800 | −$51 (−6.4%) | $979 | $1,379 | $29,960 |
| 1 bedroom | $959 | $1,011 | −$52 (−5.1%) | $1,035 | $1,478 | $38,360 |
| 2 bedrooms | $1,076 | $1,160 | −$84 (−7.2%) | $1,250 | $1,761 | $43,040 |
| 3 bedrooms | $1,459 | $1,573 | −$114 (−7.2%) | $1,631 | $2,266 | $58,360 |
| 4 bedrooms | $1,676 | $1,861 | −$185 (−9.9%) | $1,895 | $2,607 | $67,040 |
How Boone County compares
- HUD sets this rent for the Columbia, MO metro FMR area, which covers 188,043 residents in 1 county.
- Across Missouri, 2-bedroom FMRs run from $962 (Wright County) to $1,546 (Caldwell County).
- Studio to 4-bedroom: $749, $959, $1,076, $1,459, $1,676. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 11 ZIP codes mostly in Boone County (by land area), the 2-bedroom figure ranges from $1,050 to $1,200.
Small Area FMRs by ZIP code in Boone County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 65010 | $840 | $1,070 | $1,200 | $1,630 | $1,870 | −$90 (−7.0%) | 12% above |
| 65039 | $820 | $910 | $1,110 | $1,480 | $1,720 | +$200 (+22.0%) | 3% above |
| 65201 | $770 | $980 | $1,100 | $1,490 | $1,710 | −$60 (−5.2%) | 2% above |
| 65202 | $770 | $990 | $1,110 | $1,510 | $1,730 | −$80 (−6.7%) | 3% above |
| 65203 | $790 | $1,010 | $1,130 | $1,530 | $1,760 | −$60 (−5.0%) | 5% above |
| 65215 | $770 | $980 | $1,100 | $1,490 | $1,710 | −$60 (−5.2%) | 2% above |
| 65216 | $770 | $980 | $1,100 | $1,490 | $1,710 | −$60 (−5.2%) | 2% above |
| 65255 | $730 | $940 | $1,050 | $1,420 | $1,680 | +$20 (+1.9%) | 2% below |
| 65256 | $720 | $910 | $1,050 | $1,420 | $1,680 | −$100 (−8.7%) | 2% below |
| 65279 | $810 | $1,010 | $1,170 | $1,550 | $1,820 | −$70 (−5.6%) | 9% above |
| 65284 | $720 | $910 | $1,050 | $1,420 | $1,680 | +$60 (+6.1%) | 2% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.