HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Greene County, Missouri (FY 2027)
A two-bedroom in Greene County carries a FY 2027 Fair Market Rent of $1,113 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Greene keys off that figure.
Two-bedroom FMR
$1,113
+1.6% from FY 2026
Payment standard
$1,002–$1,224
90% to 110% of the FMR, two-bedroom
Income to afford
$44,520
a year, with rent at 30% of income
Rank in Missouri
23rd of 116
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $908 | $817–$999 | $36,320 | $17.46/hr | +3.5% |
| 1 bedroom | $913 | $822–$1,004 | $36,520 | $17.56/hr | +3.4% |
| 2 bedroom | $1,113 | $1,002–$1,224 | $44,520 | $21.40/hr | +1.6% |
| 3 bedroom | $1,539 | $1,385–$1,693 | $61,560 | $29.60/hr | +2.7% |
| 4 bedroom | $1,768 | $1,591–$1,945 | $70,720 | $34.00/hr | +3.9% |
Five to eight 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 | $2,033 | $1,830–$2,236 |
| 6 bedroom Estimate | $2,298 | $2,068–$2,528 |
| 7 bedroom Estimate | $2,564 | $2,308–$2,820 |
| 8 bedroom Estimate | $2,829 | $2,546–$3,112 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Greene actually rent for?
Search any address in Greene for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Greene somewhere between $1,002 and $1,224. 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.
$1,113 a month is affordable, by HUD's 30% rule, on an income of roughly $44,520 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,002 | Voucher pays at 100%$1,113 | Voucher pays at 110%$1,224 |
|---|---|---|---|---|
| $2,500 | $750 | $252 | $363 | $474 |
| $4,000 | $1,200 | $0 | $0 | $24 |
Rate history
The two-bedroom rate went up 2% from FY 2026 ($1,095) to FY 2027 ($1,113). Since FY 2020 it's up 49% in total, about 5.9% a year. The Missouri median moved up 8% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $579 | $583 | $746 | $1,076 | $1,219 | — |
| FY 2021 | $591 | $595 | $760 | $1,088 | $1,241 | +1.9% |
| FY 2022 | $601 | $605 | $775 | $1,101 | $1,246 | +2.0% |
| FY 2023 | $676 | $681 | $871 | $1,225 | $1,383 | +12.4% |
| FY 2024 | $718 | $723 | $921 | $1,274 | $1,434 | +5.7% |
| FY 2025 | $790 | $795 | $998 | $1,372 | $1,539 | +8.4% |
| FY 2026 | $877 | $883 | $1,095 | $1,498 | $1,701 | +9.7% |
| FY 2027In effect | $908 | $913 | $1,113 | $1,539 | $1,768 | +1.6% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Greene, that runs from $908 for a studio up to $1,768 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 Greene in with 2 other counties in the Springfield metro, Christian County, Webster County among them, and every one of them gets $1,113 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, Greene ranks 23rd for two-bedroom FMR. That's about 16% above the state median of $962 and about 5% above the national median county at $1,063. About 303,375 people live here, 4th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $990 in 65604 (Ash Grove) and $1,300 in 65738 (Republic), with the 23 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 |
|---|---|---|---|
| 65604 | Ash Grove | $990 | -11.1% |
| 65612 | Bois D Arc | $990 | -11.1% |
| 65619 | Brookline | $1,130 | +1.5% |
| 65648 | Fair Grove | $1,100 | -1.2% |
| 65738 | Republic | $1,300 | +16.8% |
| 65757 | Strafford | $1,180 | +6.0% |
| 65765 | Turners | $1,120 | +0.6% |
| 65770 | Walnut Grove | $990 | -11.1% |
| 65781 | Willard | $1,270 | +14.1% |
| 65801 | Springfield | $1,120 | +0.6% |
| 65802 | Springfield | $1,000 | -10.2% |
| 65803 | Springfield | $1,090 | -2.1% |
| 65804 | Springfield | $1,110 | -0.3% |
| 65805 | Springfield | $1,120 | +0.6% |
| 65806 | Springfield | $1,140 | +2.4% |
| 65807 | Springfield | $1,220 | +9.6% |
| 65808 | Springfield | $1,120 | +0.6% |
| 65809 | Springfield | $1,140 | +2.4% |
| 65810 | Springfield | $1,290 | +15.9% |
| 65814 | Springfield | $1,120 | +0.6% |
| 65817 | Springfield | $1,113County rate | — |
| 65890 | Springfield | $1,120 | +0.6% |
| 65897 | Springfield | $1,160 | +4.2% |
| 65898 | Springfield | $1,120 | +0.6% |
| 65899 | Springfield | $1,113County rate | — |
Counties sharing the Springfield metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,113 two-bedroom figure as Greene.
Nearby counties
Two-bedroom FMR, with how each compares to Greene.
Christian County
21 mi · 92,915 people
$1,113
same rate
Webster County
23 mi · 40,500 people
$1,113
same rate
Polk County
26 mi · 32,444 people
$962
-14%
Lawrence County
29 mi · 38,593 people
$976
-12%
Dade County
30 mi · 7,641 people
$962
-14%
Stone County
34 mi · 32,048 people
$1,032
-7%
Dallas County
38 mi · 17,551 people
$962
-14%
Taney County
42 mi · 56,529 people
$1,126
+1%
Questions people ask
$1,113 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $908 for a studio, $913 for one bedroom, $1,539 for three and $1,768 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Greene actually go for?
HUD's number is one input. Search any address in Greene for a rent estimate built from nearby comps. Free to start, no card.
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