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RentData.org Logo Springfield Fair Market Rent FY 2020 Springfield, MO HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Springfield, MO :
$579 $583 $746 $1,076 $1,219
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Springfield are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Springfield is $746 per month.

The previous year, rent for a two-bedroom home was $723 per month. This is a 3.18% increase year-over-year.

This FMR rate applies to Turners, MO, Bradleyville, MO, Garrison, MO, Bruner, MO, Chestnutridge, MO, Ponce De Leon, MO, Diggins, MO, Chadwick, MO, Oldfield, MO, Spokane, MO and other cities within the region. The Metro Code or CBSA code for this region is METRO44180M44180.

Additionally, This Fair Market Rent (FMR) area Springfield, MO HUD Metro FMR Area spans three counties or cities in which ares listed in the table below. Estimated population of Springfield, MO HUD Metro FMR Area FMR area is 407,350 people based on latest Census data.

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

Median Rent Prices in Springfield

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 $ 612
1-BR 1-Bedroom $ 616
2-BR 2-Bedroom $ 788
3-BR 3-Bedroom $ 1137
4-BR 4-Bedroom $ 1287
Change Year:

The counties, cities, towns, and regions listed below fall into the Springfield, MO HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Springfield, Mo.

County / Region Est. Population
Christian County, MO Metro 83,030
Greene County, MO Metro 286,760
Webster County, MO Metro 37,560
Zip Codes in Springfield, MO HUD Metro FMR Area

There are 49 unique zip codes in this Fair Market Rent (FMR) area:

65610, 65612, 65614, 65617, 65619, 65620, 65629, 65630, 65631, 65636, 65652, 65653, 65657, 65667, 65669, 65705, 65706, 65713, 65714, 65720, 65721, 65725, 65728, 65737, 65738, 65742, 65746, 65753, 65754, 65757, 65759, 65765, 65771, 65781, 65801, 65802, 65803, 65804, 65805, 65806, 65807, 65808, 65809, 65810, 65814, 65890, 65897, 65898 and 65899

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