ZIP 63627 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 63627 in the St. Louis, MO-IL FMR area.

St. Louis, MO-IL

$800Efficiency
$8901 bedroom
$1,0602 bedrooms
$1,3203 bedrooms
$1,6804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$800$720$880$1,064
1 bedroom$890$801$979$1,104
2 bedrooms$1,060$954$1,166$1,349
3 bedrooms$1,320$1,188$1,452$1,731
4 bedrooms$1,680$1,512$1,848$1,997

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

Ste. Genevieve County, MO

$800Efficiency
$8901 bedroom
$1,0602 bedrooms
$1,3203 bedrooms
$1,6804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$800$720$880$717
1 bedroom$890$801$979$840
2 bedrooms$1,060$954$1,166$974
3 bedrooms$1,320$1,188$1,452$1,161
4 bedrooms$1,680$1,512$1,848$1,628

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

Income in ZIP 63627

$71,462average adjusted gross income per tax return (2022)
$53,753average salaries and wages per return
1,330tax returns filed
18%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.3%
$25,000 to $50,00021.1%
$50,000 to $75,00016.5%
$75,000 to $100,00010.5%
$100,000 to $200,00021.1%
$200,000 or more4.5%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 63627?

HUD's FY2027 Small Area FMRs for ZIP 63627 (St. Louis, MO-IL) are $800 efficiency, $890 one bedroom, $1,060 two bedrooms, $1,320 three and $1,680 four bedrooms.

What payment standard can a housing authority set in ZIP 63627?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $954 to $1,166.

How affordable is rent in ZIP 63627?

Tax returns filed from ZIP 63627 reported an average adjusted gross income of $71,462 (2022). A two-bedroom unit at the Small Area FMR costs $12,720 a year, or 18% of that income.