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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

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,076/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Boone County FMR$1,076$43,040–
Missouri average$1,250$49,992–
U.S. average$1,761$70,432–
Boone County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitBoone County FY 2027FY 2026ChangeMissouri avgU.S. avgIncome 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

FY 2027 Small Area Fair Market Rents, ZIP codes in Boone County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR 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

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.

All Missouri counties · How HUD sets these rents