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RentData.org Logo Howard County Fair Market Rent FY 2020 Howard County, MO Rental Data

Fair Market Rent Prices in Howard County, MO :
$523 $526 $693 $870 $939
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Howard County are very low compared to the national average. This FMR area is less expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Howard County is $693 per month.

The previous year, rent for a two-bedroom home was $721 per month. This is a 3.88% decrease year-over-year.

This FMR rate applies to Franklin, MO, Armstrong, MO, Higbee, MO, New Franklin, MO, Fayette, MO and other cities within the region. The Metro Code or CBSA code for this region is NCNTY29089N29089.

Additionally, This Fair Market Rent (FMR) area Howard County, MO spans one county or city in Missouri which is listed in the table below. Estimated population of Howard County, MO FMR area is 10,145 people based on latest Census data.

Compared to the rest of Missouri, the Howard County FMR area is more expensive than 71% of the state.

Missouri Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Howard County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Howard County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 551
1-BR 1-Bedroom $ 554
2-BR 2-Bedroom $ 730
3-BR 3-Bedroom $ 916
4-BR 4-Bedroom $ 989
Change Year:
2016 2017 2018 2019 2020 2021

There is just one county (listed below) within the Howard County, MO FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Columbia - Jefferson City.

County / Region Est. Population
Howard County, MO 10,145
Zip Codes in Howard County, MO

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

65230, 65248, 65250, 65257 and 65274

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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