County FMR · HUD FY2026

Hickory County Fair Market Rent

HUD's FY2026 Fair Market Rent for Hickory County, MO - 17% below the US average.

$796
1-bedroom FMR
$888
2-bedroom FMR
+11.5%
YoY change
-17%
vs US avg

The verdict

Hickory is the 22nd cheapest of 116 counties in Missouri by 2-bedroom FMR; rent here has climbed 11.5% since FY 2025, a sharp move relative to most counties.

#22
cheapest of 116 in Missouri (2BR)
+2%
vs the state average
$31,840
income to afford it (30% rule)
+11.5%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (8.3%), while Teaching Assistants, Except Postsecondary spend the most (32.9%).

FY 2026 HUD Fair Market Rent for Hickory County, MO. Verify with HUD →

HUD sets the FY 2026 1-bedroom Fair Market Rent for Hickory County, Missouri at $796 per month - the federal rental-assistance benchmark for this county. A 2-bedroom costs $888/mo and a studio is $660/mo. This is 17% lower than the national average of $959 and 2% above the Missouri average of $777.

Rent increased11.5% from FY 2025 ($714), outpacing inflation. To afford rent here, a household needs at least $31,840/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in Missouri. Population: 8,452. Population declined 9.3% over the past five years (Census ACS), a trend that can ease rental-market pressure over time even as FMR reflects recent rent levels. That's slower than Missouri's statewide growth of +1.3% over the same period.

What these rents mean for Hickory County

The Hickory County FMR area applies to all ZIP codes inside the county boundary, and Missouri's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.

Hickory County's 1-bedroom rent runs 17% below the US average of $959 and 2% higher than the Missouri state average of $777. Over the past year, 1-bedroom rent here shifted from$714 in FY 2025 to $796 in FY 2026 - a change of +11.5%, which outpaces typical consumer inflation.

At the FY 2026 1-bedroom FMR of $796, affording it under the 30%-of-income rule takes $31,840 per year (about $2,653/month) in household income, and a 2-bedroom at $888 pushes that threshold even higher. With a population of 8,452 and a county median household income of $35,084, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.

Fair Market Rents (2026)

Studio
State avg: $734 · US avg: $893
$660/mo
↑ 7.3% YoY -10% vs state -26% vs US
1 Bedroom
State avg: $777 · US avg: $959
$796/mo
↑ 11.5% YoY +2% vs state -17% vs US
2 Bedroom
State avg: $972 · US avg: $1,175
$888/mo
↑ 7.8% YoY -9% vs state -24% vs US
3 Bedroom
State avg: $1,268 · US avg: $1,525
$1,235/mo
↑ 6.9% YoY -3% vs state -19% vs US
4 Bedroom
State avg: $1,460 · US avg: $1,756
$1,320/mo
↑ 6.3% YoY -10% vs state -25% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $615
$660
+$45 (+7.3%)
1 Bedroom $714
$796
+$82 (+11.5%)
2 Bedroom $824
$888
+$64 (+7.8%)
3 Bedroom $1,155
$1,235
+$80 (+6.9%)
4 Bedroom $1,242
$1,320
+$78 (+6.3%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$31,840
$2,653/month gross
Required annual income for 2 BR
$35,520
$2,960/month gross

Rent Burden Analysis

How much of household income goes to rent in Hickory County. The 30% threshold indicates cost burden.

Studio
22.6%
Affordable
Need $26,400/yr for 30% rule
1 Bedroom
27.2%
Affordable
Need $31,840/yr for 30% rule
2 Bedroom
30.4%
Burdened
Need $35,520/yr for 30% rule
3 Bedroom
42.2%
Burdened
Need $49,400/yr for 30% rule
4 Bedroom
45.1%
Burdened
Need $52,800/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

Hickory County 2-bedroom rent burden

0%100%National avg22%30.4%
Hickory County 2-bedroom rent burden
County median income: $35,084 · National avg burden: 21.7% ·View Missouri rent burden →

Where Hickory sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$888 higher than 11% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). This entry sits in this band. $1,000–$1,200: 723 counties (23%). Above this entry. $1,200–$1,400: 417 counties (13%). Above this entry. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Hickory compares on 1-bedroom rent

1-bedroom FMR vs other Missouri counties

1BR FMR / mo

What this shows Hickory is highlighted. Nearby Missouri counties by 1-bedroom FMR, highest to lowest: Jackson County ($1,197), Clay County ($1,197), St. Louis County ($995), St. Charles County ($995), St. Louis city ($995), Greene County ($883), Hickory County (this county) ($796).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $796/mo compares to Missouri salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation MO Salary Rent Burden Verdict
Software Developers $114,550 8.3% Affordable
Registered Nurses $79,770 12% Affordable
General & Operations Managers $77,410 12.3% Affordable
Accountants & Auditors $73,210 13% Affordable
Electricians $70,950 13.5% Affordable
Police & Sheriff's Patrol Officers $60,720 15.7% Affordable
Paralegals & Legal Assistants $58,730 16.3% Affordable
Heavy & Tractor-Trailer Truck Drivers $50,540 18.9% Affordable
Elementary School Teachers $48,250 19.8% Affordable
Customer Service Representatives $41,850 22.8% Affordable
Pharmacy Technicians $37,990 25.1% Affordable
Janitors & Cleaners $34,080 28% Affordable
Retail Salespersons $31,250 30.6% Stretched
Fast Food & Counter Workers $29,310 32.6% Stretched
Teaching Assistants $29,060 32.9% Stretched
Salaries: BLS OES (Missouri) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Hickory County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Hickory (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 65.5% overall, from $481 to $796. Most of that movement was gradual except for a single sharp jump of +12.8% in FY 2025, well above this county's typical year-to-year change.

$400$500$600$700$800$900 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $796
Hickory County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑11.5% $660 $796 $888
FY 2025 ↑12.8% $615 $714 $824
FY 2024 ↑11.6% $540 $633 $797
FY 2023 ↑8.0% $499 $567 $746
FY 2022 ↑4.6% $459 $525 $691
FY 2021 ↑4.4% $437 $502 $662
FY 2020 $422 $481 $634
Total change (6yr): +65.5%
Annualized: +8.8%/yr
1 BR: $481 → $796

Where Hickory County Ranks in Missouri

Hickory County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #22 of 116 counties in Missouri. Nearest by rank: Daviess County ($888), Douglas County ($888), Dunklin County ($888), Gasconade County ($888), Gentry County ($888), Grundy County ($888), Harrison County ($888), Henry County ($888), Hickory County (this county) ($888), Holt County ($888), Howell County ($888), Iron County ($888), Knox County ($888), Lawrence County ($888), Lewis County ($888), Linn County ($888), Livingston County ($888).

Nearby Counties in Missouri

Largest counties by population in Missouri

Frequently Asked Questions

What is the average rent in Hickory County?
The FY 2026 Fair Market Rent for a 1-bedroom in Hickory County is $796 per month. A 2-bedroom is $888 and a studio is $660.
How does Hickory County rent compare to the national average?
Rent in Hickory County is 17% below the national average. A 1-bedroom here costs $796 compared to $959 nationally.
What income do I need to afford rent in Hickory County?
Based on the 30% affordability rule, you need an annual income of at least $31,840 ($2,653/month) to afford a 1-bedroom at Fair Market Rent in Hickory County.
Is rent going up or down in Hickory County?
The 1-bedroom Fair Market Rent in Hickory County increased by 11.5% from FY 2025 to FY 2026, going from $714 to $796.
Which jobs can afford rent in Hickory County?
Based on Missouri BLS salary data and the 30% affordability rule, jobs like Software Developers, Registered Nurses, General and Operations Managers can afford a 1-bedroom at $796/mo. 12 of 15 common occupations are affordable here.
How much has rent changed in Hickory County over time?
The 1-bedroom Fair Market Rent in Hickory County went from $481 in FY 2020 to $796 in FY 2026, a total change of +65.5% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Hickory County?
In Hickory County, the FY 2026 FMR of $796/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Hickory County?
For Hickory County, it's the specific 40th-percentile rent HUD publishes each year ($796/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Hickory's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $796 implies about $31,840/yr to rent without being cost-burdened. Run your numbers
  • Compare this county against nearby metros and states before signing a lease. Compare areas
  • See where it sits on the national rent map. View rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Hickory can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.