FY2027 Small Area FMR · Richards, MO

ZIP 64778 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 64778 (Richards, MO) is $1,040 a month, up 9.5% from FY2026. That is 5% above the Vernon County, MO area-wide FMR of $994.

2-bedroom SAFMR$1,040per month ▲ 9.5%

Area-wide 2 BR FMR$994Vernon County, MO

Rank in the area5thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$770▲ 10.0%

1 BR$790▲ 9.7%

2 BR$1,040▲ 9.5%

3 BR$1,300▲ 7.4%

4 BR$1,630▲ 10.9%

FY2027 FY2026

Where 64778 sits in the Vernon County, MO area

Of the 14 ZIP codes HUD lists for the area, 64778 has the 5th highest two-bedroom Small Area FMR. Vernon 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 $994 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$770	$693 – $847	$732	$700
1 bedroom	$790	$711 – $869	$760	$720
2 bedrooms	$1,040	$936 – $1,144	$994	$950
3 bedrooms	$1,300	$1,170 – $1,430	$1,256	$1,210
4 bedrooms	$1,630	$1,467 – $1,793	$1,491	$1,470

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 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 64778 lies mainly in Vernon County. See the Vernon County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
64765	Metz	5.6 mi	$1,070
64741	Deerfield	8.3 mi	$970
64772	Nevada	9.9 mi	$990
64752	Hume	11.1 mi	$1,120
64771	Moundville	11.6 mi	$960
64779	Rich Hill	12.7 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 64778?

HUD's FY2027 Small Area Fair Market Rents for 64778 are $770 (studio), $790 (1 BR), $1,040 (2 BR), $1,300 (3 BR) and $1,630 (4 BR) a month.

What is the Section 8 payment standard in 64778?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 64778 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 64778?

The FY2026 income limits of the Vernon County, MO area apply: median family income $72,500, low-income (80%) limit $62,000 for a family of four.