FY2027 Small Area FMR · Iberia, MO

ZIP 65486 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 65486 (Iberia, MO) is $1,000 a month, up 12.4% from FY2026. That is 3% above the Miller County, MO area-wide FMR of $973.

2-bedroom SAFMR$1,000per month ▲ 12.4%

Area-wide 2 BR FMR$973Miller County, MO

Rank in the area8thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

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

Studio$740▲ 12.1%

1 BR$810■ 0.0%

2 BR$1,000▲ 12.4%

3 BR$1,360▲ 25.9%

4 BR$1,530▲ 9.3%

FY2027 FY2026

Where 65486 sits in the Miller County, MO area

Of the 19 ZIP codes HUD lists for the area, 65486 has the 8th highest two-bedroom Small Area FMR. Miller 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 $973 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 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	$740	$666 – $814	$717	$660
1 bedroom	$810	$729 – $891	$890	$810
2 bedrooms	$1,000	$900 – $1,100	$973	$890
3 bedrooms	$1,360	$1,224 – $1,496	$1,269	$1,080
4 bedrooms	$1,530	$1,377 – $1,683	$1,340	$1,400

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $82,400 and the 80% low-income limit for four people is $65,900. ZIP code 65486 lies mainly in Miller County. See the Miller County, MO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
65083	Ulman	6.8 mi	$970
65017	Brumley	9.1 mi	$960
65082	Tuscumbia	9.2 mi	$970
65075	Saint Elizabeth	9.9 mi	$980
65452	Crocker	10.3 mi	$960
65443	Brinktown	12.8 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 65486?

HUD's FY2027 Small Area Fair Market Rents for 65486 are $740 (studio), $810 (1 BR), $1,000 (2 BR), $1,360 (3 BR) and $1,530 (4 BR) a month.

What is the Section 8 payment standard in 65486?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 65486 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 65486?

The FY2026 income limits of the Miller County, MO area apply: median family income $82,400, low-income (80%) limit $65,900 for a family of four.