ZIP 62021 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 62021 in the St. Louis, MO-IL FMR area.

St. Louis, MO-IL

$880Efficiency

$9001 bedroom

$1,1402 bedrooms

$1,4203 bedrooms

$1,7204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$1,064
1 bedroom	$900	$810	$990	$1,104
2 bedrooms	$1,140	$1,026	$1,254	$1,349
3 bedrooms	$1,420	$1,278	$1,562	$1,731
4 bedrooms	$1,720	$1,548	$1,892	$1,997

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

Macoupin County, IL

$880Efficiency

$9001 bedroom

$1,1402 bedrooms

$1,4203 bedrooms

$1,7204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$743
1 bedroom	$900	$810	$990	$748
2 bedrooms	$1,140	$1,026	$1,254	$978
3 bedrooms	$1,420	$1,278	$1,562	$1,191
4 bedrooms	$1,720	$1,548	$1,892	$1,492

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

Income in ZIP 62021

$99,502average adjusted gross income per tax return (2022)

$60,480average salaries and wages per return

440tax returns filed

14%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	20.5%
$25,000 to $50,000	18.2%
$50,000 to $75,000	13.6%
$75,000 to $100,000	11.4%
$100,000 to $200,000	27.3%
$200,000 or more	9.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 4.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 62021?

HUD's FY2027 Small Area FMRs for ZIP 62021 (St. Louis, MO-IL) are $880 efficiency, $900 one bedroom, $1,140 two bedrooms, $1,420 three and $1,720 four bedrooms.

What payment standard can a housing authority set in ZIP 62021?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,026 to $1,254.

How affordable is rent in ZIP 62021?

Tax returns filed from ZIP 62021 reported an average adjusted gross income of $99,502 (2022). A two-bedroom unit at the Small Area FMR costs $13,680 a year, or 14% of that income.