ZIP 63074 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 63074 in the St. Louis, MO-IL FMR area.

$940Efficiency
$9701 bedroom
$1,1902 bedrooms
$1,5303 bedrooms
$1,7604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$940$846$1,034$1,064
1 bedroom$970$873$1,067$1,104
2 bedrooms$1,190$1,071$1,309$1,349
3 bedrooms$1,530$1,377$1,683$1,731
4 bedrooms$1,760$1,584$1,936$1,997

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

Income in ZIP 63074

$43,594average adjusted gross income per tax return (2022)
$35,794average salaries and wages per return
7,270tax returns filed
33%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00033.4%
$25,000 to $50,00035.2%
$50,000 to $75,00017.1%
$75,000 to $100,0007.3%
$100,000 to $200,0006.5%
$200,000 or more0.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 24.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 63074?

HUD's FY2027 Small Area FMRs for ZIP 63074 (St. Louis, MO-IL) are $940 efficiency, $970 one bedroom, $1,190 two bedrooms, $1,530 three and $1,760 four bedrooms.

What payment standard can a housing authority set in ZIP 63074?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,071 to $1,309.

How affordable is rent in ZIP 63074?

Tax returns filed from ZIP 63074 reported an average adjusted gross income of $43,594 (2022). A two-bedroom unit at the Small Area FMR costs $14,280 a year, or 33% of that income.