HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Jasper County, Missouri (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Jasper County is $1,153 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,153
+21.8% from FY 2026
Payment standard
$1,038–$1,268
90% to 110% of the FMR, two-bedroom
Income to afford
$46,120
a year, with rent at 30% of income
Rank in Missouri
18th 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 | $904 | $814–$994 | $36,160 | $17.38/hr | +18.9% |
| 1 bedroom | $910 | $819–$1,001 | $36,400 | $17.50/hr | +19.0% |
| 2 bedroom | $1,153 | $1,038–$1,268 | $46,120 | $22.17/hr | +21.8% |
| 3 bedroom | $1,501 | $1,351–$1,651 | $60,040 | $28.87/hr | +21.3% |
| 4 bedroom | $1,635 | $1,472–$1,799 | $65,400 | $31.44/hr | +27.2% |
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 | $1,880 | $1,692–$2,068 |
| 6 bedroom Estimate | $2,126 | $1,913–$2,339 |
| 7 bedroom Estimate | $2,371 | $2,134–$2,608 |
| 8 bedroom Estimate | $2,616 | $2,354–$2,878 |
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 Jasper actually rent for?
Search any address in Jasper 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 Jasper somewhere between $1,038 and $1,268. 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.
$1,153 a month is affordable, by HUD's 30% rule, on an income of roughly $46,120 a year. Put another way, $22 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%$1,038 | Voucher pays at 100%$1,153 | Voucher pays at 110%$1,268 |
|---|---|---|---|---|
| $2,500 | $750 | $288 | $403 | $518 |
| $4,000 | $1,200 | $0 | $0 | $68 |
Rate history
The two-bedroom rate went up 22% from FY 2026 ($947) to FY 2027 ($1,153). Since FY 2020 it's up 59% in total, about 6.9% 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 | $517 | $563 | $723 | $957 | $1,001 | — |
| FY 2021 | $566 | $611 | $783 | $1,023 | $1,088 | +8.3% |
| FY 2022 | $562 | $604 | $765 | $989 | $1,071 | -2.3% |
| FY 2023 | $616 | $654 | $821 | $1,042 | $1,157 | +7.3% |
| FY 2024 | $722 | $741 | $923 | $1,177 | $1,268 | +12.4% |
| FY 2025 | $830 | $835 | $1,036 | $1,327 | $1,411 | +12.2% |
| FY 2026 | $760 | $765 | $947 | $1,237 | $1,285 | -8.6% |
| FY 2027In effect | $904 | $910 | $1,153 | $1,501 | $1,635 | +21.8% |
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 Jasper, that runs from $904 for a studio up to $1,635 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 Jasper in with one other county in the Joplin metro, Newton County among them, and every one of them gets $1,153 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, Jasper ranks 18th for two-bedroom FMR. That's about 20% above the state median of $962 and about 8% above the national median county at $1,063. About 124,357 people live here, 9th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $960 in 64755 (Jasper) and $1,480 in 64834 (Carl Junction), with the 19 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 |
|---|---|---|---|
| 64755 | Jasper | $960 | -16.7% |
| 64801 | Joplin | $1,200 | +4.1% |
| 64802 | Joplin | $1,190 | +3.2% |
| 64803 | Joplin | $1,190 | +3.2% |
| 64804 | Joplin | $1,140 | -1.1% |
| 64830 | Alba | $1,090 | -5.5% |
| 64832 | Asbury | $1,360 | +18.0% |
| 64833 | Avilla | $1,190 | +3.2% |
| 64834 | Carl Junction | $1,480 | +28.4% |
| 64835 | Carterville | $1,070 | -7.2% |
| 64836 | Carthage | $1,180 | +2.3% |
| 64841 | Duenweg | $1,080 | -6.3% |
| 64848 | La Russell | $1,080 | -6.3% |
| 64849 | Neck City | $1,010 | -12.4% |
| 64855 | Oronogo | $1,260 | +9.3% |
| 64857 | Purcell | $1,140 | -1.1% |
| 64859 | Reeds | $1,170 | +1.5% |
| 64862 | Sarcoxie | $1,170 | +1.5% |
| 64870 | Webb City | $1,250 | +8.4% |
Counties sharing the Joplin metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,153 two-bedroom figure as Jasper.
Nearby counties
Two-bedroom FMR, with how each compares to Jasper.
Newton County
19 mi · 60,118 people
$1,153
same rate
Barton County
23 mi · 11,690 people
$962
-17%
Lawrence County
33 mi · 38,593 people
$976
-15%
Dade County
36 mi · 7,641 people
$962
-17%
McDonald County
37 mi · 23,701 people
$962
-17%
Barry County
45 mi · 35,033 people
$962
-17%
Vernon County
47 mi · 19,687 people
$994
-14%
Cedar County
48 mi · 14,615 people
$962
-17%
Questions people ask
$1,153 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $904 for a studio, $910 for one bedroom, $1,501 for three and $1,635 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 Jasper actually go for?
HUD's number is one input. Search any address in Jasper for a rent estimate built from nearby comps. Free to start, no card.
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