Pike County, MO: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0252-bedroom FMR, FY2027

$7841-bedroom FMR, FY2027

$68,30080% income limit, family of 4 (FY2026)

$85,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Pike County is $1,025 a month, up 11.7% from $918 in FY2026. Pike County belongs to the Pike County, MO FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Pike County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$755	$682	+10.7%	$680 – $830
1 bedroom	$784	$700	+12.0%	$706 – $862
2 bedrooms	$1,025	$918	+11.7%	$923 – $1,127
3 bedrooms	$1,221	$1,101	+10.9%	$1,099 – $1,343
4 bedrooms	$1,347	$1,215	+10.9%	$1,213 – $1,481

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Pike County that is typically $923 to $1,127 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$34,542median income of renter households

$778Median gross rent, all units

27%Rent-to-income ratio (median rent ÷ median renter income)

35%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $34,542 can afford about $864 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,025 is $161 (18.7%) more than that. To rent a two-bedroom at the FMR, a household needs $41,000 a year under the 30% rule, or $36,900 under the common landlord rule that income must be three times the rent.

Pike County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$778 ±$27
Median income of renter households	$34,542 ±$6,776
Renters paying 30% or more of income (cost-burdened)	35.4% ±6.8
Renters paying 50% or more (severely cost-burdened)	18.4% ±7.0
Renter households (where the share can be computed)	1,433

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$651	$778	+19.5%
Median renter household income	$33,468	$34,542	+3.2%
Renters paying 30%+ of income	36.5%	35.4%	−1.1 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Pike County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $85,400 (FY2025: $87,100, −2.0%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$17,950 +2.6%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$29,900 +2.6%	$34,200 +2.5%	$38,450 +2.5%	$42,700 +2.5%	$46,150 +2.6%	$49,550 +2.5%	$52,950 +2.5%	$56,400 +2.5%
Low income (80%)	$47,850 +2.5%	$54,650 +2.4%	$61,500 +2.5%	$68,300 +2.5%	$73,800 +2.5%	$79,250 +2.5%	$84,700 +2.5%	$90,200 +2.5%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.