Missouri · FIPS 29071 · HUD FY 2027
Franklin County, Missouri Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Franklin County is $1,349 a month (rent plus utilities), 8% above the Missouri average of $1,250 and 23% below the U.S. average of $1,761. That is up $131 (10.8%) from FY 2026. At 30% of income, a household needs about $53,960 a year to afford it.
- $1,3492-bedroom FMR+$131 (+10.8%) vs FY 2026
- $1,1041-bedroom FMRMissouri: $1,035 · U.S.: $1,478
- $53,960Income for a 2-bedroom$26/hour full-time
- 9 of 1162BR rank in Missouri1 = highest rent
| Unit | Franklin County FY 2027 | FY 2026 | Change | Missouri avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,064 | $955 | +$109 (+11.4%) | $979 | $1,379 | $42,560 |
| 1 bedroom | $1,104 | $995 | +$109 (+11.0%) | $1,035 | $1,478 | $44,160 |
| 2 bedrooms | $1,349 | $1,218 | +$131 (+10.8%) | $1,250 | $1,761 | $53,960 |
| 3 bedrooms | $1,731 | $1,568 | +$163 (+10.4%) | $1,631 | $2,266 | $69,240 |
| 4 bedrooms | $1,997 | $1,812 | +$185 (+10.2%) | $1,895 | $2,607 | $79,880 |
How Franklin County compares
- HUD sets this rent for the St. Louis, MO-IL metro FMR area, which covers 2,750,711 residents in 14 counties.
- Across Missouri, 2-bedroom FMRs run from $962 (Wright County) to $1,546 (Caldwell County).
- Studio to 4-bedroom: $1,064, $1,104, $1,349, $1,731, $1,997. 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 20 ZIP codes mostly in Franklin County (by land area), the 2-bedroom figure ranges from $960 to $1,410.
Small Area FMRs by ZIP code in Franklin County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 63013 | $930 | $970 | $1,180 | $1,520 | $1,750 | +$190 (+19.2%) | 13% below |
| 63014 | $750 | $780 | $960 | $1,260 | $1,410 | −$30 (−3.0%) | 29% below |
| 63015 | $760 | $790 | $960 | $1,230 | $1,420 | −$80 (−7.7%) | 29% below |
| 63037 | $780 | $810 | $990 | $1,280 | $1,460 | no change | 27% below |
| 63039 | $990 | $1,030 | $1,260 | $1,620 | $1,870 | +$100 (+8.6%) | 7% below |
| 63041 | $910 | $980 | $1,180 | $1,490 | $1,760 | −$30 (−2.5%) | 13% below |
| 63055 | $910 | $940 | $1,150 | $1,480 | $1,700 | +$120 (+11.7%) | 15% below |
| 63056 | $1,030 | $1,070 | $1,310 | $1,680 | $1,940 | +$320 (+32.3%) | 3% below |
| 63060 | $900 | $950 | $1,160 | $1,490 | $1,710 | −$120 (−9.4%) | 14% below |
| 63061 | $900 | $950 | $1,160 | $1,490 | $1,710 | −$120 (−9.4%) | 14% below |
| 63068 | $910 | $940 | $1,150 | $1,480 | $1,700 | +$160 (+16.2%) | 15% below |
| 63069 | $870 | $900 | $1,100 | $1,410 | $1,630 | +$90 (+8.9%) | 18% below |
| 63072 | $1,040 | $1,080 | $1,320 | $1,690 | $1,950 | +$230 (+21.1%) | 2% below |
| 63073 | $1,110 | $1,150 | $1,410 | $1,810 | $2,090 | +$130 (+10.2%) | 5% above |
| 63077 | $900 | $930 | $1,140 | $1,460 | $1,690 | +$150 (+15.2%) | 15% below |
| 63079 | $860 | $900 | $1,090 | $1,410 | $1,640 | +$100 (+10.1%) | 19% below |
| 63080 | $860 | $900 | $1,090 | $1,410 | $1,640 | +$100 (+10.1%) | 19% below |
| 63084 | $840 | $870 | $1,060 | $1,360 | $1,570 | +$70 (+7.1%) | 21% below |
| 63089 | $1,110 | $1,150 | $1,410 | $1,810 | $2,090 | +$90 (+6.8%) | 5% above |
| 63090 | $830 | $860 | $1,050 | $1,350 | $1,550 | +$60 (+6.1%) | 22% 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.