Fair Market Rents: Phelps County, MO (FY2026)
HUD's FY2026 Fair Market Rents for Phelps County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | MO median* |
|---|---|---|
| Studio (0-BR) | $730/mo | $663 (+10%) |
| 1 Bedroom | $742/mo | $708 (+5%) |
| 2 Bedrooms | $933/mo | $888 (+5%) |
| 3 Bedrooms | $1,231/mo | $1,226 (0%) |
| 4+ Bedrooms | $1,235/mo | $1,379 (-10%) |
*Median across all FMR-publishing counties in MO. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Phelps County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Phelps County
We track 8 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Rolla | 9 | 664 |