FMR Lookup › Missouri › Cape Girardeau
Section 8 Fair Market Rent in Cape Girardeau, MO-IL (FY2026)
HUD's official FY2026 Fair Market Rents for the Cape Girardeau, MO-IL MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2026 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $763 | $687 – $839 |
| 1 bedroom | $807 | $726 – $888 |
| 2 bedrooms | $992 | $893 – $1,091 |
| 3 bedrooms | $1,380 | $1,242 – $1,518 |
| 4 bedrooms | $1,664 | $1,498 – $1,830 |
Source: HUD User — FY 2026 Fair Market Rents. FY2026 FMRs are effective October 1, 2025. Retrieved 2026-06-11.
How this market compares
The 2-bedroom FMR here is $992 — 12% above the Missouri median of $888 across all 95 FMR areas in the state.
Counties and towns covered
The Cape Girardeau, MO-IL FMR area is a metro area covering: Alexander County, Bollinger County, Cape Girardeau County. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Cape Girardeau: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable Missouri markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Pettis County | $745 | $978 | $1,268 |
| Johnson County | $815 | $965 | $1,342 |
| Cooper County | $730 | $958 | $1,182 |
| Taney County | $784 | $1,029 | $1,329 |
| Marion County | $729 | $952 | $1,256 |
| Perry County | $868 | $952 | $1,260 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Cape Girardeau.