Madison County, MO

2025 Fair Market Rents

Tags: 2025 Missouri

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Return to the state page to see where Missouri ranks nationally and to view information on other counties. Click on the map to view a different county.

The top three largest cities in Madison County are Farmington, Fredericktown, and Marquand. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Madison County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Madison County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Madison County compare?

Madison County ($830) has a 9.8% lower FMR for 2-Bedroom housing than the average of Missouri ($920) and therefore has a lower gross rent.

Madison County is rank 57th out of 116 counties. This means the FMRs, or in other words, the gross rent is higher than 59 other counties. Madison County is the 57th most expensive county in terms of FMRs.

Rent Tables Madison County, MO

Fair Market Rent (40th Percentile)

$619
studio
$633
1-Bedroom
$830
2-Bedroom
$1,058
3-Bedroom
$1,394
4-Bedroom

Median Rent (50th Percentile)

$669
studio
$684
1-Bedroom
$897
2-Bedroom
$1,143
3-Bedroom
$1,506
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
63645 $650 $670 $870 $1,190 $1,460
63655 $650 $680 $870 $1,190 $1,460
63640 $660 $680 $890 $1,170 $1,240
63645 $650 $670 $870 $1,190 $1,460
63655 $650 $680 $870 $1,190 $1,460
63645 $650 $670 $870 $1,190 $1,460
63640 $660 $680 $890 $1,170 $1,240
63645 $650 $670 $870 $1,190 $1,460
63640 $660 $680 $890 $1,170 $1,240
63645 $650 $670 $870 $1,190 $1,460
63655 $650 $680 $870 $1,190 $1,460
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
63645 $585 $603 $783 $1,071 $1,314
63655 $585 $612 $783 $1,071 $1,314
63640 $594 $612 $801 $1,053 $1,116
63645 $585 $603 $783 $1,071 $1,314
63655 $585 $612 $783 $1,071 $1,314
63645 $585 $603 $783 $1,071 $1,314
63640 $594 $612 $801 $1,053 $1,116
63645 $585 $603 $783 $1,071 $1,314
63640 $594 $612 $801 $1,053 $1,116
63645 $585 $603 $783 $1,071 $1,314
63655 $585 $612 $783 $1,071 $1,314
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
63645 $715 $737 $957 $1,309 $1,606
63655 $715 $748 $957 $1,309 $1,606
63640 $726 $748 $979 $1,287 $1,364
63645 $715 $737 $957 $1,309 $1,606
63655 $715 $748 $957 $1,309 $1,606
63645 $715 $737 $957 $1,309 $1,606
63640 $726 $748 $979 $1,287 $1,364
63645 $715 $737 $957 $1,309 $1,606
63640 $726 $748 $979 $1,287 $1,364
63645 $715 $737 $957 $1,309 $1,606
63655 $715 $748 $957 $1,309 $1,606

Fair Market Rents on this page apply to the following cities in Madison County, Missouri: Farmington, Fredericktown, and Marquand.

These Fair Market Rents also apply to the following ZIP codes in Madison County, Missouri: 63640, 63645, and 63655.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.