Mercer County, MO

2025 Fair Market Rents

Tags: 2025 Missouri

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 two largest cities in Mercer County are Princeton and Mercer. 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 Mercer County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Mercer 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 Mercer County compare?

Mercer County ($824) has a 10.4% lower FMR for 2-Bedroom housing than the average of Missouri ($920) and therefore has a lower gross rent.

Mercer County is rank 62nd out of 116 counties. This means the FMRs, or in other words, the gross rent is lower than 61 other counties. Mercer County is the 55th cheapest county in terms of FMRs.

Rent Tables Mercer County, MO

Fair Market Rent (40th Percentile)

$615
studio
$628
1-Bedroom
$824
2-Bedroom
$1,155
3-Bedroom
$1,242
4-Bedroom

Median Rent (50th Percentile)

$661
studio
$675
1-Bedroom
$886
2-Bedroom
$1,242
3-Bedroom
$1,336
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
64661 $650 $690 $880 $1,160 $1,280
64673 $610 $630 $820 $1,160 $1,250
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
64661 $585 $621 $792 $1,044 $1,152
64673 $549 $567 $738 $1,044 $1,125
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
64661 $715 $759 $968 $1,276 $1,408
64673 $671 $693 $902 $1,276 $1,375

Fair Market Rents on this page apply to the following cities in Mercer County, Missouri: Princeton and Mercer.

These Fair Market Rents also apply to the following ZIP codes in Mercer County, Missouri: 64673 and 64661.

More on Mercer County, MO

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Data Source

HUD Seal

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