Income Limits by County

FY2027 Small Area FMR · Wayland, MO

ZIP 63472 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 63472 (Wayland, MO) is $1,120 a month, up 14.3% from FY2026. That is 16% above the Clark County, MO area-wide FMR of $962.

2-bedroom SAFMR$1,120per month ▲ 14.3%
Area-wide 2 BR FMR$962Clark County, MO
Rank in the area1stof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008
2 BR Small Area FMR$1,120
110% of SAFMR$1,232

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 63472 sits in the Clark County, MO area

$960$1,120median $970

Of the 12 ZIP codes HUD lists for the area, 63472 has the 1st highest two-bedroom Small Area FMR. Clark County, MO is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $962 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,120 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$830$747 – $913$709$730
1 bedroom$860$774 – $946$735$750
2 bedrooms$1,120$1,008 – $1,232$962$980
3 bedrooms$1,440$1,296 – $1,584$1,238$1,270
4 bedrooms$1,680$1,512 – $1,848$1,443$1,460

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $75,200 and the 80% low-income limit for four people is $62,000. ZIP code 63472 lies mainly in Clark County. See the Clark County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
63430Alexandria2.5 mi$970
63466Saint Patrick5.5 mi$960
52632Keokuk7.7 mi$980
63445Kahoka7.7 mi$960
52619Argyle8.4 mi$950
63465Revere9.8 mi$970

Questions

What is the Fair Market Rent for ZIP code 63472?

HUD's FY2027 Small Area Fair Market Rents for 63472 are $830 (studio), $860 (1 BR), $1,120 (2 BR), $1,440 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 63472?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 63472 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 63472?

The FY2026 income limits of the Clark County, MO area apply: median family income $75,200, low-income (80%) limit $62,000 for a family of four.