FY2027 Small Area FMR · Saginaw, MO

ZIP 64864 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 64864 (Saginaw, MO) is $1,040 a month, up 10.6% from FY2026. That is 10% below the Joplin, MO area-wide FMR of $1,153.

2-bedroom SAFMR$1,040per month ▲ 10.6%

Area-wide 2 BR FMR$1,153Joplin, MO

Rank in the area23rdof 34 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$820▲ 9.3%

1 BR$820▲ 7.9%

2 BR$1,040▲ 10.6%

3 BR$1,350▲ 12.5%

4 BR$1,470▲ 15.7%

FY2027 FY2026

Where 64864 sits in the Joplin, MO area

Of the 34 ZIP codes HUD lists for the area, 64864 has the 23rd highest two-bedroom Small Area FMR. Joplin, 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 $1,153 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	$820	$738 – $902	$904	$750
1 bedroom	$820	$738 – $902	$910	$760
2 bedrooms	$1,040	$936 – $1,144	$1,153	$940
3 bedrooms	$1,350	$1,215 – $1,485	$1,501	$1,200
4 bedrooms	$1,470	$1,323 – $1,617	$1,635	$1,270

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 $80,200 and the 80% low-income limit for four people is $64,150. ZIP code 64864 lies mainly in Newton County. See the Joplin, MO metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
64804	Joplin	2.4 mi	$1,140
64841	Duenweg	4.7 mi	$1,080
64801	Joplin	5.9 mi	$1,200
64840	Diamond	7.3 mi	$960
64835	Carterville	8.8 mi	$1,070
64858	Racine	9.2 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 64864?

HUD's FY2027 Small Area Fair Market Rents for 64864 are $820 (studio), $820 (1 BR), $1,040 (2 BR), $1,350 (3 BR) and $1,470 (4 BR) a month.

What is the Section 8 payment standard in 64864?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 64864 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 64864?

The FY2026 income limits of the Joplin, MO area apply: median family income $80,200, low-income (80%) limit $64,150 for a family of four.