ZIP 63061 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 63061 in the St. Louis, MO-IL FMR area.

$900Efficiency
$9501 bedroom
$1,1602 bedrooms
$1,4903 bedrooms
$1,7104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$900$810$990$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$1,710$1,539$1,881$1,997

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

Income in ZIP 63061

$60,018average adjusted gross income per tax return (2022)
$39,800average salaries and wages per return
110tax returns filed
23%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00036.4%
$25,000 to $50,00036.4%
$50,000 to $75,0000.0%
$75,000 to $100,00027.3%
$100,000 to $200,0000.0%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 0.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 63061?

HUD's FY2027 Small Area FMRs for ZIP 63061 (St. Louis, MO-IL) are $900 efficiency, $950 one bedroom, $1,160 two bedrooms, $1,490 three and $1,710 four bedrooms.

What payment standard can a housing authority set in ZIP 63061?

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 63061?

Tax returns filed from ZIP 63061 reported an average adjusted gross income of $60,018 (2022). A two-bedroom unit at the Small Area FMR costs $13,920 a year, or 23% of that income.