ZIP 63028 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 63028 in the St. Louis, MO-IL FMR area.

St. Louis, MO-IL

$910Efficiency

$9501 bedroom

$1,1602 bedrooms

$1,4903 bedrooms

$1,7204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$1,064
1 bedroom	$950	$855	$1,045	$1,104
2 bedrooms	$1,160	$1,044	$1,276	$1,349
3 bedrooms	$1,490	$1,341	$1,639	$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.

Ste. Genevieve County, MO

$910Efficiency

$9501 bedroom

$1,1602 bedrooms

$1,4903 bedrooms

$1,7204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$717
1 bedroom	$950	$855	$1,045	$840
2 bedrooms	$1,160	$1,044	$1,276	$974
3 bedrooms	$1,490	$1,341	$1,639	$1,161
4 bedrooms	$1,720	$1,548	$1,892	$1,628

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

St. Francois County, MO

$910Efficiency

$9501 bedroom

$1,1602 bedrooms

$1,4903 bedrooms

$1,7204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$750
1 bedroom	$950	$855	$1,045	$755
2 bedrooms	$1,160	$1,044	$1,276	$988
3 bedrooms	$1,490	$1,341	$1,639	$1,195
4 bedrooms	$1,720	$1,548	$1,892	$1,298

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

Income in ZIP 63028

$74,988average adjusted gross income per tax return (2022)

$53,501average salaries and wages per return

13,590tax returns filed

19%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	26.9%
$25,000 to $50,000	22.9%
$50,000 to $75,000	14.6%
$75,000 to $100,000	11.2%
$100,000 to $200,000	19.9%
$200,000 or more	4.5%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 63028?

HUD's FY2027 Small Area FMRs for ZIP 63028 (St. Louis, MO-IL) are $910 efficiency, $950 one bedroom, $1,160 two bedrooms, $1,490 three and $1,720 four bedrooms.

What payment standard can a housing authority set in ZIP 63028?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,044 to $1,276.

How affordable is rent in ZIP 63028?

Tax returns filed from ZIP 63028 reported an average adjusted gross income of $74,988 (2022). A two-bedroom unit at the Small Area FMR costs $13,920 a year, or 19% of that income.