What is the Fair Market Rent for a 2-bedroom in Callaway County, MO HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Callaway County, MO HUD Metro FMR Area is $1,042 per month for fiscal year 2026. The studio FMR is $789, 1-bedroom is $794, 3-bedroom is $1,249, and 4-bedroom is $1,472.

What income do you need to afford the FMR in Callaway County, MO HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $41,680 per year ($3,473 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,042 in Callaway County, MO HUD Metro FMR Area.

FY2026 Fair Market Rents — Callaway County, MO HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$789

1BR

$794

2BR

$1,042

3BR

$1,249

4BR

$1,472

Hours/week at min wage

59 hrs

to afford the 2BR FMR @ $13.75/hr (MO)

YoY change (2BR)

+4.4%

+$44 vs FY2025 · 5-yr +39.3%

Voucher payment standard

$938–$1,146

PHAs set HCV payment at 90–110% of the 2BR FMR

Callaway County, MO HUD Metro FMR Area

Non-Metropolitan area · MO · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$789	$9,468
1-Bedroom	$794	$9,528
2-Bedroom	$1,042	$12,504
3-Bedroom	$1,249	$14,988
4-Bedroom	$1,472	$17,664

Recent 2-Bedroom FMR Trend

FY2020 $722 → FY2026 $1,042

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$789	$794	$1,042	$1,249	$1,472
FY2025	$756	$761	$998	$1,202	$1,420
FY2024	$708	$713	$937	$1,133	$1,380
FY2023	$634	$638	$840	$1,022	$1,284
FY2022	$581	$585	$770	$962	$1,197
FY2021	$564	$568	$748	$992	$1,197
FY2020	$545	$548	$722	$990	$1,180

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $94,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,850	$22,650	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$33,050	$37,800	$42,500	$47,200	$51,000	$54,800
80% AMI (Low)	$52,850	$60,400	$67,950	$75,500	$81,550	$87,600

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$12,504/yr

FMR as % of Area Median Income

13.2% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$41,680/yr

$3,473/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$826	$944	$1,062	$1,274	$1,368
60% AMI Maximum	$991	$1,132	$1,274	$1,529	$1,642

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$789	$794	$1,042	$1,249	$1,472
Low HOME Rent	$826	$945	$1,062	$1,180	$1,275

Compare Callaway County, MO HUD Metro FMR Area With Other MO Metros

vs. Bates County, MO HUD Metro FMR Area vs. Callaway County, MO HUD Metro FMR Area vs. Columbia, MO MSA vs. Cooper County, MO HUD Metro FMR Area vs. Dallas County, MO HUD Metro FMR Area