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

The HUD Fair Market Rent for a 2-bedroom unit in Springfield, MO HUD Metro FMR Area is $1,095 per month for fiscal year 2026. The studio FMR is $877, 1-bedroom is $883, 3-bedroom is $1,498, and 4-bedroom is $1,701.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $43,800 per year ($3,650 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,095 in Springfield, MO HUD Metro FMR Area.

FY2026 Fair Market Rents — Springfield, MO HUD Metro FMR Area

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

Studio

$877

1BR

$883

2BR

$1,095

3BR

$1,498

4BR

$1,701

Hours/week at min wage

62 hrs

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

YoY change (2BR)

+9.7%

+$97 vs FY2025 · 5-yr +44.1%

Voucher payment standard

$986–$1,205

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

Springfield, 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)	$877	$10,524
1-Bedroom	$883	$10,596
2-Bedroom	$1,095	$13,140
3-Bedroom	$1,498	$17,976
4-Bedroom	$1,701	$20,412

Recent 2-Bedroom FMR Trend

FY2020 $746 → FY2026 $1,095

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$877	$883	$1,095	$1,498	$1,701
FY2025	$790	$795	$998	$1,372	$1,539
FY2024	$718	$723	$921	$1,274	$1,434
FY2023	$676	$681	$871	$1,225	$1,383
FY2022	$601	$605	$775	$1,101	$1,246
FY2021	$591	$595	$760	$1,088	$1,241
FY2020	$579	$583	$746	$1,076	$1,219

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $91,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,200	$21,950	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$32,000	$36,600	$41,150	$45,700	$49,400	$53,050
80% AMI (Low)	$51,200	$58,500	$65,800	$73,100	$78,950	$84,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$13,140/yr

FMR as % of Area Median Income

14.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$43,800/yr

$3,650/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	$799	$914	$1,028	$1,233	$1,325
60% AMI Maximum	$959	$1,096	$1,233	$1,480	$1,590

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	$877	$883	$1,095	$1,485	$1,485
Low HOME Rent	$800	$915	$1,028	$1,142	$1,235

Compare Springfield, 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