FY2027 Small Area FMR · Rea, MO

ZIP 64480 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 64480 (Rea, MO) is $1,010 a month, up 4.1% from FY2026. That is 8% below the St. Joseph, MO-KS area-wide FMR of $1,101.

2-bedroom SAFMR$1,010per month ▲ 4.1%

Area-wide 2 BR FMR$1,101St. Joseph, MO-KS

Rank in the area29thof 47 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$780▲ 11.4%

1 BR$790▲ 5.3%

2 BR$1,010▲ 4.1%

3 BR$1,310▲ 5.6%

4 BR$1,530▲ 6.2%

FY2027 FY2026

Where 64480 sits in the St. Joseph, MO-KS area

Of the 47 ZIP codes HUD lists for the area, 64480 has the 29th highest two-bedroom Small Area FMR. St. Joseph, MO-KS 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 $1,101 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$780	$702 – $858	$850	$700
1 bedroom	$790	$711 – $869	$857	$750
2 bedrooms	$1,010	$909 – $1,111	$1,101	$970
3 bedrooms	$1,310	$1,179 – $1,441	$1,406	$1,240
4 bedrooms	$1,530	$1,377 – $1,683	$1,629	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $91,800 and the 80% low-income limit for four people is $73,350. ZIP code 64480 lies mainly in Andrew County. See the St. Joseph, MO-KS metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
64494	Union Star	6.7 mi	$1,080
64483	Rosendale	7.1 mi	$970
64457	Guilford	7.6 mi	$1,030
64427	Bolckow	7.8 mi	$970
64459	Helena	9.2 mi	$1,190
64485	Savannah	9.3 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 64480?

HUD's FY2027 Small Area Fair Market Rents for 64480 are $780 (studio), $790 (1 BR), $1,010 (2 BR), $1,310 (3 BR) and $1,530 (4 BR) a month.

What is the Section 8 payment standard in 64480?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 64480 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 64480?

The FY2026 income limits of the St. Joseph, MO-KS area apply: median family income $91,800, low-income (80%) limit $73,350 for a family of four.