Lafayette County, MO

2024 Fair Market Rents

Tags: 2024 Kansas City, MO-KS HUD Metro FMR Area

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 four largest cities in Lafayette County are Lexington, Wellington, Waverly, and Alma. 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 Lafayette County use?

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

Lafayette County ($1,258) has a 41.8% higher FMR for 2-Bedroom housing than the average of Missouri ($887) and therefore a higher gross rent.

Lafayette County is rank 1st out of 116 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Lafayette County is the most expensive county in terms of FMRs.

Rent Tables Lafayette County, MO

Fair Market Rent (40th Percentile)

$985
studio
$1,098
1-Bedroom
$1,258
2-Bedroom
$1,645
3-Bedroom
$1,931
4-Bedroom

Median Rent (50th Percentile)

$1,066
studio
$1,189
1-Bedroom
$1,362
2-Bedroom
$1,781
3-Bedroom
$2,091
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
64001 $870 $970 $1,110 $1,450 $1,700
64017 $800 $910 $1,050 $1,380 $1,600
64021 $800 $910 $1,050 $1,380 $1,600
64022 $800 $910 $1,050 $1,380 $1,600
64067 $800 $910 $1,050 $1,380 $1,600
64096 $800 $910 $1,050 $1,380 $1,600
64097 $800 $910 $1,050 $1,380 $1,600
65321 $800 $910 $1,050 $1,380 $1,600
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
64001 $783 $873 $999 $1,305 $1,530
64017 $720 $819 $945 $1,242 $1,440
64021 $720 $819 $945 $1,242 $1,440
64022 $720 $819 $945 $1,242 $1,440
64067 $720 $819 $945 $1,242 $1,440
64096 $720 $819 $945 $1,242 $1,440
64097 $720 $819 $945 $1,242 $1,440
65321 $720 $819 $945 $1,242 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
64001 $957 $1,067 $1,221 $1,595 $1,870
64017 $880 $1,001 $1,155 $1,518 $1,760
64021 $880 $1,001 $1,155 $1,518 $1,760
64022 $880 $1,001 $1,155 $1,518 $1,760
64067 $880 $1,001 $1,155 $1,518 $1,760
64096 $880 $1,001 $1,155 $1,518 $1,760
64097 $880 $1,001 $1,155 $1,518 $1,760
65321 $880 $1,001 $1,155 $1,518 $1,760

Fair Market Rents on this page apply to the following cities in Lafayette County, Missouri: Lexington, Wellington, Waverly, Alma, Corder, Camden, Dover, and Blackburn.

These Fair Market Rents also apply to the following ZIP codes in Lafayette County, Missouri: 64067, 64097, 64096, 64001, 64021, 64017, 64022, and 65321.

Lafayette County, MO is considered part of the following metro FMR area: KANSAS CITY, MO-KS HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Caldwell County, MO, Cass County, MO, Clay County, MO, Clinton County, MO, Jackson County, MO, Platte County, MO, and Ray County, MO.

More on Lafayette County, MO

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Data Source

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