FY2027 Small Area FMR · Gibbs, MO

ZIP 63540 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 63540 (Gibbs, MO) is $980 a month, up 10.1% from FY2026. That is 2% above the Adair County, MO area-wide FMR of $962.

2-bedroom SAFMR$980per month ▲ 10.1%

Area-wide 2 BR FMR$962Adair County, MO

Rank in the area5thof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$882

2 BR Small Area FMR$980

110% of SAFMR$1,078

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

Studio$730▲ 9.0%

1 BR$780▲ 13.0%

2 BR$980▲ 10.1%

3 BR$1,240▲ 6.0%

4 BR$1,520▲ 10.9%

FY2027 FY2026

Where 63540 sits in the Adair County, MO area

Of the 9 ZIP codes HUD lists for the area, 63540 has the 5th highest two-bedroom Small Area FMR. Adair 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 $980 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$730	$657 – $803	$738	$670
1 bedroom	$780	$702 – $858	$798	$690
2 bedrooms	$980	$882 – $1,078	$962	$890
3 bedrooms	$1,240	$1,116 – $1,364	$1,332	$1,170
4 bedrooms	$1,520	$1,368 – $1,672	$1,608	$1,370

A household renting a two-bedroom home at the Small Area FMR of $980 needs about $39,200 a year to keep housing costs at 30% of income. The area median family income is $84,000 and the 80% low-income limit for four people is $67,200. ZIP code 63540 lies mainly in Adair County. See the Adair County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
63547	Hurdland	6.3 mi	$960
63533	Brashear	6.5 mi	$1,020
63549	La Plata	7.3 mi	$980
63501	Kirksville	10.4 mi	$960
63460	Novelty	13.0 mi	$970
63537	Edina	13.9 mi	$970

Questions

What is the Fair Market Rent for ZIP code 63540?

HUD's FY2027 Small Area Fair Market Rents for 63540 are $730 (studio), $780 (1 BR), $980 (2 BR), $1,240 (3 BR) and $1,520 (4 BR) a month.

What is the Section 8 payment standard in 63540?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 63540 that range is $882 to $1,078 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 63540?

The FY2026 income limits of the Adair County, MO area apply: median family income $84,000, low-income (80%) limit $67,200 for a family of four.