HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Nodaway County, Missouri (FY 2027)
$991 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Nodaway County, and it's the baseline every voucher in Nodaway is measured against.
Two-bedroom FMR
$991
+9.4% from FY 2026
Payment standard
$892–$1,090
90% to 110% of the FMR, two-bedroom
Income to afford
$39,640
a year, with rent at 30% of income
Rank in Missouri
47th 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 | $767 | $690–$844 | $30,680 | $14.75/hr | +7.4% |
| 1 bedroom | $772 | $695–$849 | $30,880 | $14.85/hr | +7.5% |
| 2 bedroom | $991 | $892–$1,090 | $39,640 | $19.06/hr | +9.4% |
| 3 bedroom | $1,269 | $1,142–$1,396 | $50,760 | $24.40/hr | +9.4% |
| 4 bedroom | $1,656 | $1,490–$1,822 | $66,240 | $31.85/hr | +8.9% |
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 | $1,904 | $1,714–$2,094 |
| 6 bedroom Estimate | $2,153 | $1,938–$2,368 |
| 7 bedroom Estimate | $2,401 | $2,161–$2,641 |
| 8 bedroom Estimate | $2,650 | $2,385–$2,915 |
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 Nodaway actually rent for?
Search any address in Nodaway 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 Nodaway somewhere between $892 and $1,090. 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.
$991 a month is affordable, by HUD's 30% rule, on an income of roughly $39,640 a year. Put another way, $19 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%$892 | Voucher pays at 100%$991 | Voucher pays at 110%$1,090 |
|---|---|---|---|---|
| $2,500 | $750 | $142 | $241 | $340 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 9% from FY 2026 ($906) to FY 2027 ($991). Since FY 2020 it's up 49% in total, about 5.8% 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 | $434 | $506 | $666 | $886 | $1,033 | — |
| FY 2021 | $479 | $524 | $690 | $896 | $1,069 | +3.6% |
| FY 2022 | $561 | $569 | $742 | $951 | $1,109 | +7.5% |
| FY 2023 | $607 | $627 | $798 | $996 | $1,331 | +7.5% |
| FY 2024 | $636 | $673 | $844 | $1,066 | $1,432 | +5.8% |
| FY 2025 | $634 | $673 | $850 | $1,065 | $1,427 | +0.7% |
| FY 2026 | $714 | $718 | $906 | $1,160 | $1,520 | +6.6% |
| FY 2027In effect | $767 | $772 | $991 | $1,269 | $1,656 | +9.4% |
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 Nodaway, that runs from $767 for a studio up to $1,656 for four bedrooms, all five rates in the table above.
Because Nodaway sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Barnard included.
Among Missouri's 116 counties, Nodaway ranks 47th for two-bedroom FMR. That's about 3% above the state median of $962 and about 7% below the national median county at $1,063. About 20,774 people live here, 54th 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 64434 (Conception Junction) and $1,430 in 64428 (Burlington Junction), 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 |
|---|---|---|---|
| 64423 | Barnard | $970 | -2.1% |
| 64428 | Burlington Junction | $1,430 | +44.3% |
| 64431 | Clearmont | $1,000 | +0.9% |
| 64432 | Clyde | $1,070 | +8.0% |
| 64433 | Conception | $1,030 | +3.9% |
| 64434 | Conception Junction | $960 | -3.1% |
| 64445 | Elmo | $960 | -3.1% |
| 64455 | Graham | $970 | -2.1% |
| 64457 | Guilford | $1,030 | +3.9% |
| 64461 | Hopkins | $1,190 | +20.1% |
| 64468 | Maryville | $1,000 | +0.9% |
| 64475 | Parnell | $980 | -1.1% |
| 64476 | Pickering | $1,080 | +9.0% |
| 64479 | Ravenwood | $990 | -0.1% |
| 64487 | Skidmore | $960 | -3.1% |
Nearby counties
Two-bedroom FMR, with how each compares to Nodaway.
Worth County
24 mi · 1,934 people
$1,003
+1%
Gentry County
25 mi · 6,245 people
$962
-3%
Holt County
26 mi · 4,240 people
$962
-3%
Andrew County
27 mi · 18,065 people
$1,101
+11%
Atchison County
32 mi · 5,187 people
$962
-3%
DeKalb County
39 mi · 10,876 people
$1,101
+11%
Harrison County
44 mi · 8,190 people
$962
-3%
Buchanan County
45 mi · 83,568 people
$1,101
+11%
Questions people ask
$991 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $767 for a studio, $772 for one bedroom, $1,269 for three and $1,656 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 Nodaway actually go for?
HUD's number is one input. Search any address in Nodaway for a rent estimate built from nearby comps. Free to start, no card.
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