Logo Shannon County Fair Market Rent FY 2019 Shannon County, MO Rental Data

Fair Market Rent Prices in Shannon County, MO :
$415 $488 $646 $809 $886
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 Shannon County are very low compared to the national average. This FMR area is less expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Shannon County is $646 per month.

The previous year, rent for a two-bedroom home was $641 per month. This is a 0.78% increase year-over-year.

This FMR rate applies to Montier, MO, Eminence, MO, Summersville, MO, Winona, MO, Birch Tree, MO and other cities within the region. The Metro Code or CBSA code for this region is NCNTY29203N29203.

Additionally, This Fair Market Rent (FMR) area Shannon County, MO spans one county or city in Missouri which is listed in the table below. Estimated population of Shannon County, MO FMR area is 8,441 people based on 2010 Census data.

Compared to the rest of Missouri, the Shannon County FMR area is less expensive than 98% 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 Shannon County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Shannon 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 $ 420
1-BR 1-Bedroom $ 494
2-BR 2-Bedroom $ 653
3-BR 3-Bedroom $ 818
4-BR 4-Bedroom $ 896
Change Year:

There is just one county (listed below) within the Shannon County, MO FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Springfield, Mo.

County / Region Est. Population
Shannon County, MO 8,441
Zip Codes in Shannon County, MO

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

65438, 65466, 65546, 65571 and 65588

Lookup Fair Market Rent by Zip Code