Logo New Madrid County Fair Market Rent FY 2022 New Madrid County, MO Rental Data

Fair Market Rent Prices in New Madrid County, MO :
$494 $526 $692 $855 $938
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in New Madrid County are very low compared to the national average. This FMR area is less expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in New Madrid County is $692 per month.

The previous year, rent for a two-bedroom home was $662 per month. This is a 4.53% increase year-over-year.

This FMR rate applies to Canalou, MO, Catron, MO, Kewanee, MO, Risco, MO, Marston, MO, Tallapoosa, MO, Morehouse, MO, Parma, MO, Matthews, MO, Gideon, MO and other cities within the region. The Metro Code or CBSA code for this region is NCNTY29143N29143.

Additionally, This Fair Market Rent (FMR) area New Madrid County, MO spans one county or city in Missouri which is listed in the table below. Estimated population of New Madrid County, MO FMR area is 0 people based on 2000 Census data.

Compared to the rest of Missouri, the New Madrid County FMR area is less expensive than 94% of the state.

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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 New Madrid County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in New Madrid 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 $ 533
1-BR 1-Bedroom $ 568
2-BR 2-Bedroom $ 747
3-BR 3-Bedroom $ 923
4-BR 4-Bedroom $ 1013
Change Year:

There is just one county (listed below) within the New Madrid County, MO FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Paducah - Cape Girar D - Harsbg.

County / Region Est. Population
, MO 0
Zip Codes in New Madrid County, MO

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

63828, 63833, 63848, 63860, 63862, 63866, 63867, 63868, 63869, 63870, 63873, 63874 and 63878

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