The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Montgomery County, MO, MO

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Montgomery County, MO, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $543 to a high of $663, with an average of $603.
One-bedroom: One-bedroom rental prices vary, with a minimum of $546, a maximum of $668, and an average of $607.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $717, peaking at a maximum of $877, and averaging at $797.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,011, a maximum of $1,235, and an average of $1,123.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,087 to a maximum of $1,329, with an average of $1,208.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Montgomery County, MO Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Montgomery County, MO, MO Low Rent (90%) $543 $546 $717 $1,011 $1,087
Average Rent $603 $607 $797 $1,123 $1,208
High Rent(110%) $663 $668 $877 $1,235 $1,329
2023 Montgomery County, MO, MO Low Rent (90%) $487 $510 $672 $941 $989
Average Rent $541 $567 $747 $1,046 $1,099
High Rent (110%) $595 $624 $822 $1,151 $1,209
2022 Montgomery County, MO, MO Low Rent (90%) $442 $471 $619 $868 $871
Average Rent $491 $523 $688 $964 $968
High Rent(110%) $540 $575 $757 $1,060 $1,065
2021 Montgomery County, MO, MO Low Rent (90%) $411 $452 $596 $818 $821
Average Rent $457 $502 $662 $909 $912
High Rent (110%) $503 $552 $728 $1,000 $1,003
2020 Montgomery County, MO, MO Low Rent (90%) $383 $433 $571 $770 $773
Average Rent $426 $481 $634 $856 $859
High Rent(110%) $469 $529 $697 $942 $945
2019 Montgomery County, MO, MO Low Rent (90%) $386 $442 $585 $781 $791
Average Rent $429 $491 $650 $868 $879
High Rent (110%) $472 $540 $715 $955 $967
2018 Montgomery County, MO, MO Low Rent (90%) $385 $437 $581 $768 $792
Average Rent $428 $486 $646 $853 $880
High Rent(110%) $471 $535 $711 $938 $968
2017 Montgomery County, MO, MO Low Rent (90%) $397 $449 $597 $777 $823
Average Rent $441 $499 $663 $863 $914
High Rent (110%) $485 $549 $729 $949 $1,005


Discover Section 8 FMR in Montgomery County, MO by zip code