ZIP 62010 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 62010 in the St. Louis, MO-IL FMR area.

$880Efficiency
$9201 bedroom
$1,1202 bedrooms
$1,4403 bedrooms
$1,6604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$880$792$968$1,064
1 bedroom$920$828$1,012$1,104
2 bedrooms$1,120$1,008$1,232$1,349
3 bedrooms$1,440$1,296$1,584$1,731
4 bedrooms$1,660$1,494$1,826$1,997

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 62010

$75,556average adjusted gross income per tax return (2022)
$53,202average salaries and wages per return
5,440tax returns filed
18%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.4%
$25,000 to $50,00022.8%
$50,000 to $75,00015.4%
$75,000 to $100,00011.0%
$100,000 to $200,00021.5%
$200,000 or more4.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 62010?

HUD's FY2027 Small Area FMRs for ZIP 62010 (St. Louis, MO-IL) are $880 efficiency, $920 one bedroom, $1,120 two bedrooms, $1,440 three and $1,660 four bedrooms.

What payment standard can a housing authority set in ZIP 62010?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,008 to $1,232.

How affordable is rent in ZIP 62010?

Tax returns filed from ZIP 62010 reported an average adjusted gross income of $75,556 (2022). A two-bedroom unit at the Small Area FMR costs $13,440 a year, or 18% of that income.