FY2027 Small Area FMR · Ridgeway, MO
ZIP 64481 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 64481 (Ridgeway, MO) is $970 a month, up 7.8% from FY2026. That is 1% above the Harrison County, MO area-wide FMR of $962.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 64481 sits in the Harrison County, MO area
Of the 14 ZIP codes HUD lists for the area, 64481 has the 7th highest two-bedroom Small Area FMR. Harrison 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 $970 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $720 | $648 – $792 | $709 | $670 |
| 1 bedroom | $750 | $675 – $825 | $735 | $690 |
| 2 bedrooms | $970 | $873 – $1,067 | $962 | $900 |
| 3 bedrooms | $1,260 | $1,134 – $1,386 | $1,249 | $1,180 |
| 4 bedrooms | $1,300 | $1,170 – $1,430 | $1,264 | $1,210 |
A household renting a two-bedroom home at the Small Area FMR of $970 needs about $38,800 a year to keep housing costs at 30% of income. The area median family income is $72,500 and the 80% low-income limit for four people is $62,000. ZIP code 64481 lies mainly in Harrison County. See the Harrison County, MO county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 64481?
HUD's FY2027 Small Area Fair Market Rents for 64481 are $720 (studio), $750 (1 BR), $970 (2 BR), $1,260 (3 BR) and $1,300 (4 BR) a month.
What is the Section 8 payment standard in 64481?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 64481 that range is $873 to $1,067 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 64481?
The FY2026 income limits of the Harrison County, MO area apply: median family income $72,500, low-income (80%) limit $62,000 for a family of four.