FY2027 Small Area FMR · Mount Sterling, MO
ZIP 65062 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 65062 (Mount Sterling, MO) is $980 a month, up 8.9% from FY2026. That is 2% above the Jefferson City, 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 65062 sits in the Jefferson City, MO area
Of the 28 ZIP codes HUD lists for the area, 65062 has the 9th highest two-bedroom Small Area FMR. Jefferson City, 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 $980 for this ZIP code instead.
ZIP code 65062 crosses more than one HUD area. HUD also lists it under Gasconade County, MO (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $740 | $666 – $814 | $731 | $670 |
| 1 bedroom | $750 | $675 – $825 | $735 | $690 |
| 2 bedrooms | $980 | $882 – $1,078 | $962 | $900 |
| 3 bedrooms | $1,360 | $1,224 – $1,496 | $1,332 | $1,230 |
| 4 bedrooms | $1,510 | $1,359 – $1,661 | $1,548 | $1,310 |
A household renting a two-bedroom home at the Small Area FMR of $980 needs about $39,200 a year to keep housing costs at 30% of income. The area median family income is $105,500 and the 80% low-income limit for four people is $84,400. ZIP code 65062 lies mainly in Osage County and Gasconade County. See the Jefferson City, MO metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 65062?
HUD's FY2027 Small Area Fair Market Rents for 65062 are $740 (studio), $750 (1 BR), $980 (2 BR), $1,360 (3 BR) and $1,510 (4 BR) a month.
What is the Section 8 payment standard in 65062?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 65062 that range is $882 to $1,078 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 65062?
The FY2026 income limits of the Jefferson City, MO area apply: median family income $105,500, low-income (80%) limit $84,400 for a family of four.