ZIP 63021 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 63021 in the St. Louis, MO-IL FMR area.

$1,290Efficiency
$1,3301 bedroom
$1,6302 bedrooms
$2,0903 bedrooms
$2,4104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,290$1,161$1,419$1,064
1 bedroom$1,330$1,197$1,463$1,104
2 bedrooms$1,630$1,467$1,793$1,349
3 bedrooms$2,090$1,881$2,299$1,731
4 bedrooms$2,410$2,169$2,651$1,997

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

Income in ZIP 63021

$108,847average adjusted gross income per tax return (2022)
$75,860average salaries and wages per return
28,140tax returns filed
18%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.0%
$25,000 to $50,00016.5%
$50,000 to $75,00013.3%
$75,000 to $100,00010.7%
$100,000 to $200,00025.1%
$200,000 or more13.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 63021?

HUD's FY2027 Small Area FMRs for ZIP 63021 (St. Louis, MO-IL) are $1,290 efficiency, $1,330 one bedroom, $1,630 two bedrooms, $2,090 three and $2,410 four bedrooms.

What payment standard can a housing authority set in ZIP 63021?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,467 to $1,793.

How affordable is rent in ZIP 63021?

Tax returns filed from ZIP 63021 reported an average adjusted gross income of $108,847 (2022). A two-bedroom unit at the Small Area FMR costs $19,560 a year, or 18% of that income.