FY2027 Small Area FMR · Wolf Island, MO

ZIP 63881 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 63881 (Wolf Island, MO) is $960 a month, up 7.9% from FY2026. That is 0% equal to the Mississippi County, MO area-wide FMR of $962.

2-bedroom SAFMR$960per month ▲ 7.9%

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

Rank in the area3rdof 7 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$864

2 BR Small Area FMR$960

110% of SAFMR$1,056

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

Studio$710▲ 7.6%

1 BR$740▲ 8.8%

2 BR$960▲ 7.9%

3 BR$1,310▲ 9.2%

4 BR$1,540▲ 9.2%

FY2027 FY2026

Where 63881 sits in the Mississippi County, MO area

Of the 7 ZIP codes HUD lists for the area, 63881 has the 3rd highest two-bedroom Small Area FMR. Mississippi 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 $960 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	$710	$639 – $781	$709	$660
1 bedroom	$740	$666 – $814	$735	$680
2 bedrooms	$960	$864 – $1,056	$962	$890
3 bedrooms	$1,310	$1,179 – $1,441	$1,311	$1,200
4 bedrooms	$1,540	$1,386 – $1,694	$1,544	$1,410

A household renting a two-bedroom home at the Small Area FMR of $960 needs about $38,400 a year to keep housing costs at 30% of income. The area median family income is $71,000 and the 80% low-income limit for four people is $62,000. ZIP code 63881 lies mainly in Mississippi County. See the Mississippi County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
42032	Columbus	6.2 mi	$990
63845	East Prairie	6.7 mi	$990
63820	Anniston	8.7 mi	$960
42021	Arlington	11.6 mi	$1,100
63882	Wyatt	12.2 mi	$960
63834	Charleston	12.6 mi	$960

Questions

What is the Fair Market Rent for ZIP code 63881?

HUD's FY2027 Small Area Fair Market Rents for 63881 are $710 (studio), $740 (1 BR), $960 (2 BR), $1,310 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 63881?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 63881 that range is $864 to $1,056 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 63881?

The FY2026 income limits of the Mississippi County, MO area apply: median family income $71,000, low-income (80%) limit $62,000 for a family of four.