Income Limits by County

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.

2-bedroom SAFMR$980per month ▲ 8.9%
Area-wide 2 BR FMR$962Jefferson City, MO
Rank in the area9thof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$882
2 BR Small Area FMR$980
110% of SAFMR$1,078

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

$960$1,330median $965

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

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 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

ZIPPlaceDistance2 BR SAFMR
65061Morrison6.9 mi$990
65051Linn7.8 mi$960
65024Chamois9.7 mi$960
65014Bland12.9 mi$960
65041Hermann12.9 mi$1,020
65066Owensville14.1 mi$1,000

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.