HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Vernon County, Missouri (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Vernon County is $923 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$923
FY 2026, utilities included
Payment standard range
$831 to $1,015
90% to 110% of FMR
Income to afford 2BR
$36,920
per year, at 30% of income
Rank in Missouri
45th of 116
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Vernon moves to $994. That's up 8%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Vernon actually rent for?
Search any address in Vernon 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 | $686 | $617 to $755 | $27,440 | $13.19/hr | +2.5% |
| 1 bedroom | $703 | $633 to $773 | $28,120 | $13.52/hr | +2.8% |
| 2 bedroom | $923 | $831 to $1,015 | $36,920 | $17.75/hr | +2.9% |
| 3 bedroom | $1,160 | $1,044 to $1,276 | $46,400 | $22.31/hr | +5.8% |
| 4 bedroom | $1,373 | $1,236 to $1,510 | $54,920 | $26.40/hr | +1.6% |
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 | $1,579 | $1,421 to $1,737 |
| 6 bedroom Estimate | $1,785 | $1,607 to $1,964 |
| 7 bedroom Estimate | $1,991 | $1,792 to $2,190 |
| 8 bedroom Estimate | $2,197 | $1,977 to $2,417 |
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 Vernon, that runs from $686 for a studio up to $1,373 for four bedrooms, all five rates in the table above.
Because Vernon 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, Bronaugh included.
Among Missouri's 116 counties, Vernon ranks 45th for two-bedroom FMR. That's about 4% above the state median of $888 and about 9% below the national median county at $1,018. About 19,777 people live here, 55th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $890 in 64728 (Bronaugh) and $950 in 64778 (Richards), with the 11 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.
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 Vernon somewhere between $831 and $1,015. 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.
$923 a month is affordable, by HUD's 30% rule, on an income of roughly $36,920 a year. Put another way, $18 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% ($831) | HAP at 100% ($923) | HAP at 110% ($1,015) |
|---|---|---|---|---|
| $2,500 | $750 | $81 | $173 | $265 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 3% from FY 2025 ($897) to FY 2026 ($923). Since FY 2020 it's up 39% in total, about 5.6% 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 | $446 | $504 | $664 | $881 | $899 | — |
| FY 2021 | $475 | $528 | $688 | $926 | $1,013 | +3.6% |
| FY 2022 | $515 | $562 | $722 | $966 | $1,236 | +4.9% |
| FY 2023 | $596 | $615 | $809 | $1,058 | $1,322 | +12.0% |
| FY 2024 | $652 | $658 | $865 | $1,096 | $1,379 | +6.9% |
| FY 2025 | $669 | $684 | $897 | $1,096 | $1,352 | +3.7% |
| FY 2026 | $686 | $703 | $923 | $1,160 | $1,373 | +2.9% |
| FY 2027 | $732 | $760 | $994 | $1,256 | $1,491 | +7.7% |
Nearby counties
Questions people ask
$923 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $686 for a studio, $703 for one bedroom, $1,160 for three and $1,373 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 Vernon actually go for?
HUD's number is one input. Search any address in Vernon for a rent estimate built from nearby comps. 3 free searches, no card.
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