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Missouri · FIPS 29143 · HUD FY 2027

New Madrid County, Missouri Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in New Madrid County is $962 a month (rent plus utilities), 23% below the Missouri average of $1,250 and 45% below the U.S. average of $1,761. That is up $72 (8.1%) from FY 2026. At 30% of income, a household needs about $38,480 a year to afford it.

  • $9622-bedroom FMR+$72 (+8.1%) vs FY 2026
  • $7351-bedroom FMRMissouri: $1,035 · U.S.: $1,478
  • $38,480Income for a 2-bedroom$18/hour full-time
  • 58 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$962/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
New Madrid County FMR$962$38,480–
Missouri average$1,250$49,992–
U.S. average$1,761$70,432–
New Madrid County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitNew Madrid County FY 2027FY 2026ChangeMissouri avgU.S. avgIncome needed
Studio$709$661+$48 (+7.3%)$979$1,379$28,360
1 bedroom$735$678+$57 (+8.4%)$1,035$1,478$29,400
2 bedrooms$962$890+$72 (+8.1%)$1,250$1,761$38,480
3 bedrooms$1,176$1,067+$109 (+10.2%)$1,631$2,266$47,040
4 bedrooms$1,264$1,178+$86 (+7.3%)$1,895$2,607$50,560

How New Madrid County compares

  • New Madrid County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
  • Across Missouri, 2-bedroom FMRs run from $962 (Wright County) to $1,546 (Caldwell County).
  • Studio to 4-bedroom: $709, $735, $962, $1,176, $1,264. 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 13 ZIP codes mostly in New Madrid County (by land area), the 2-bedroom figure ranges from $960 to $1,010.

Small Area FMRs by ZIP code in New Madrid County

FY 2027 Small Area Fair Market Rents, ZIP codes in New Madrid County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
63828$740$770$1,010$1,230$1,340+$90 (+9.8%)5% above
63833$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63848$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63860$720$740$970$1,190$1,270+$70 (+7.8%)1% above
63862$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63866$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63867$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63868$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63869$740$760$1,000$1,220$1,310+$60 (+6.4%)4% above
63870$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63873$730$760$990$1,230$1,310+$80 (+8.8%)3% above
63874$710$740$960$1,180$1,260+$70 (+7.9%)about the same as
63878$710$740$960$1,180$1,260+$70 (+7.9%)about the same as

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