HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Cape Girardeau County, Missouri (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Cape Girardeau County is $992 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$992
FY 2026, utilities included
Payment standard range
$893 to $1,091
90% to 110% of FMR
Income to afford 2BR
$39,680
per year, at 30% of income
Rank in Missouri
29th of 116
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Cape Girardeau moves to $1,012. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Cape Girardeau actually rent for?
Search any address in Cape Girardeau for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $763 | $687 to $839 | $30,520 | $14.67/hr | +2.1% |
| 1 bedroom | $807 | $726 to $888 | $32,280 | $15.52/hr | +1.6% |
| 2 bedroom | $992 | $893 to $1,091 | $39,680 | $19.08/hr | +0.7% |
| 3 bedroom | $1,380 | $1,242 to $1,518 | $55,200 | $26.54/hr | 0.0% |
| 4 bedroom | $1,664 | $1,498 to $1,830 | $66,560 | $32.00/hr | +0.6% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,914 | $1,723 to $2,105 |
| 6 bedroom Estimate | $2,163 | $1,947 to $2,379 |
| 7 bedroom Estimate | $2,413 | $2,172 to $2,654 |
| 8 bedroom Estimate | $2,662 | $2,396 to $2,928 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Cape Girardeau, that runs from $763 for a studio up to $1,664 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Cape Girardeau in with 2 other counties in the Cape Girardeau metro, Bollinger County, Alexander County among them, and every one of them gets $992 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Missouri's 116 counties, Cape Girardeau ranks 29th for two-bedroom FMR. That's about 12% above the state median of $888 and about 3% below the national median county at $1,018. About 81,703 people live here, 15th in the state.
Counties sharing the Cape Girardeau metro rate
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $930 in 63770 (Old Appleton) and $1,150 in 63755 (Jackson), with the 15 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 63701 | Cape Girardeau | $1,010 | +1.8% |
| 63702 | Cape Girardeau | $1,000 | +0.8% |
| 63703 | Cape Girardeau | $960 | -3.2% |
| 63739 | Burfordville | $1,050 | +5.8% |
| 63743 | Daisy | $960 | -3.2% |
| 63744 | Delta | $960 | -3.2% |
| 63745 | Dutchtown | $1,010 | +1.8% |
| 63747 | Friedheim | $960 | -3.2% |
| 63752 | Gordonville | $1,000 | +0.8% |
| 63755 | Jackson | $1,150 | +15.9% |
| 63766 | Millersville | $960 | -3.2% |
| 63769 | Oak Ridge | $940 | -5.2% |
| 63770 | Old Appleton | $930 | -6.3% |
| 63779 | Pocahontas | $1,000 | +0.8% |
| 63785 | Whitewater | $1,020 | +2.8% |
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Cape Girardeau somewhere between $893 and $1,091. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$992 a month is affordable, by HUD's 30% rule, on an income of roughly $39,680 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($893) | HAP at 100% ($992) | HAP at 110% ($1,091) |
|---|---|---|---|---|
| $2,500 | $750 | $143 | $242 | $341 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 1% from FY 2025 ($985) to FY 2026 ($992). Since FY 2020 it's up 28% in total, about 4.2% a year. The Missouri median moved up 8% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $542 | $587 | $773 | $1,115 | $1,188 | — |
| FY 2021 | $537 | $612 | $807 | $1,155 | $1,216 | +4.4% |
| FY 2022 | $536 | $622 | $807 | $1,146 | $1,248 | 0.0% |
| FY 2023 | $597 | $680 | $871 | $1,238 | $1,372 | +7.9% |
| FY 2024 | $685 | $742 | $933 | $1,315 | $1,540 | +7.1% |
| FY 2025 | $747 | $794 | $985 | $1,380 | $1,654 | +5.6% |
| FY 2026 | $763 | $807 | $992 | $1,380 | $1,664 | +0.7% |
| FY 2027 | $757 | $833 | $1,012 | $1,401 | $1,692 | +2.0% |
Nearby counties
Questions people ask
$992 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $763 for a studio, $807 for one bedroom, $1,380 for three and $1,664 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Cape Girardeau actually go for?
HUD's number is one input. Search any address in Cape Girardeau for a rent estimate built from nearby comps. 3 free searches, no card.
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