ZIP 63332 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 63332 in the St. Louis, MO-IL FMR area.

$1,320Efficiency
$1,3801 bedroom
$1,6802 bedrooms
$2,1603 bedrooms
$2,4904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,320$1,188$1,452$1,064
1 bedroom$1,380$1,242$1,518$1,104
2 bedrooms$1,680$1,512$1,848$1,349
3 bedrooms$2,160$1,944$2,376$1,731
4 bedrooms$2,490$2,241$2,739$1,997

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

Income in ZIP 63332

$108,716average adjusted gross income per tax return (2022)
$62,673average salaries and wages per return
730tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.9%
$25,000 to $50,00015.1%
$50,000 to $75,00012.3%
$75,000 to $100,00012.3%
$100,000 to $200,00026.0%
$200,000 or more12.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 63332?

HUD's FY2027 Small Area FMRs for ZIP 63332 (St. Louis, MO-IL) are $1,320 efficiency, $1,380 one bedroom, $1,680 two bedrooms, $2,160 three and $2,490 four bedrooms.

What payment standard can a housing authority set in ZIP 63332?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,512 to $1,848.

How affordable is rent in ZIP 63332?

Tax returns filed from ZIP 63332 reported an average adjusted gross income of $108,716 (2022). A two-bedroom unit at the Small Area FMR costs $20,160 a year, or 19% of that income.