Missouri · FIPS 29027 · HUD FY 2027
Callaway County, Missouri Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Callaway County is $1,123 a month (rent plus utilities), 10% below the Missouri average of $1,250 and 36% below the U.S. average of $1,761. That is up $81 (7.8%) from FY 2026. At 30% of income, a household needs about $44,920 a year to afford it.
- $1,1232-bedroom FMR+$81 (+7.8%) vs FY 2026
- $8581-bedroom FMRMissouri: $1,035 · U.S.: $1,478
- $44,920Income for a 2-bedroom$22/hour full-time
- 21 of 1162BR rank in Missouri1 = highest rent
| Unit | Callaway County FY 2027 | FY 2026 | Change | Missouri avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $853 | $789 | +$64 (+8.1%) | $979 | $1,379 | $34,120 |
| 1 bedroom | $858 | $794 | +$64 (+8.1%) | $1,035 | $1,478 | $34,320 |
| 2 bedrooms | $1,123 | $1,042 | +$81 (+7.8%) | $1,250 | $1,761 | $44,920 |
| 3 bedrooms | $1,338 | $1,249 | +$89 (+7.1%) | $1,631 | $2,266 | $53,520 |
| 4 bedrooms | $1,570 | $1,472 | +$98 (+6.7%) | $1,895 | $2,607 | $62,800 |
How Callaway County compares
- HUD sets this rent for the Callaway County, MO metro FMR area, which covers 44,741 residents in 1 county.
- Across Missouri, 2-bedroom FMRs run from $962 (Wright County) to $1,546 (Caldwell County).
- Studio to 4-bedroom: $853, $858, $1,123, $1,338, $1,570. 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 10 ZIP codes mostly in Callaway County (by land area), the 2-bedroom figure ranges from $960 to $1,220.
Small Area FMRs by ZIP code in Callaway County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 63388 | $760 | $770 | $1,000 | $1,270 | $1,430 | +$30 (+3.1%) | 11% below |
| 65043 | $930 | $930 | $1,220 | $1,450 | $1,710 | +$110 (+9.9%) | 9% above |
| 65059 | $880 | $890 | $1,160 | $1,380 | $1,620 | +$40 (+3.6%) | 3% above |
| 65063 | $800 | $800 | $1,050 | $1,250 | $1,470 | −$10 (−0.9%) | 7% below |
| 65067 | $810 | $810 | $1,070 | $1,330 | $1,540 | −$110 (−9.3%) | 5% below |
| 65077 | $860 | $860 | $1,130 | $1,340 | $1,580 | +$10 (+0.9%) | 1% above |
| 65080 | $840 | $850 | $1,110 | $1,360 | $1,600 | +$60 (+5.7%) | 1% below |
| 65231 | $730 | $740 | $960 | $1,150 | $1,350 | +$60 (+6.7%) | 15% below |
| 65251 | $840 | $840 | $1,100 | $1,310 | $1,540 | +$80 (+7.8%) | 2% below |
| 65262 | $790 | $800 | $1,040 | $1,250 | $1,470 | +$70 (+7.2%) | 7% 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.