FY2027 Small Area FMR · Lodi, MO

ZIP 63950 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 63950 (Lodi, MO) is $960 a month, up 7.9% from FY2026. That is 0% equal to the Wayne County, MO area-wide FMR of $962.

2-bedroom SAFMR$960per month ▲ 7.9%

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

Rank in the area5thof 17 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$880▲ 8.6%

2 BR$960▲ 7.9%

3 BR$1,150▲ 8.5%

4 BR$1,610▲ 8.1%

FY2027 FY2026

Where 63950 sits in the Wayne County, MO area

Of the 17 ZIP codes HUD lists for the area, 63950 has the 5th highest two-bedroom Small Area FMR. Wayne 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	$880	$792 – $968	$884	$810
2 bedrooms	$960	$864 – $1,056	$962	$890
3 bedrooms	$1,150	$1,035 – $1,265	$1,146	$1,060
4 bedrooms	$1,610	$1,449 – $1,771	$1,608	$1,490

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 $60,400 and the 80% low-income limit for four people is $62,000. ZIP code 63950 lies mainly in Wayne County. See the Wayne County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
63944	Greenville	4.7 mi	$960
63934	Clubb	6.9 mi	$960
63956	Patterson	7.8 mi	$960
63964	Silva	10.0 mi	$1,000
63951	Lowndes	10.3 mi	$960
63957	Piedmont	11.2 mi	$970

Questions

What is the Fair Market Rent for ZIP code 63950?

HUD's FY2027 Small Area Fair Market Rents for 63950 are $710 (studio), $880 (1 BR), $960 (2 BR), $1,150 (3 BR) and $1,610 (4 BR) a month.

What is the Section 8 payment standard in 63950?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 63950 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 63950?

The FY2026 income limits of the Wayne County, MO area apply: median family income $60,400, low-income (80%) limit $62,000 for a family of four.