Cape Girardeau, MO-IL MSA · FY2026 area median income $90,200 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $316 | $474 | $632 | $790 | $948 | $1,106 | $1,264 |
| 1BR | $338 | $507 | $677 | $846 | $1,015 | $1,184 | $1,354 |
| 2BR | $406 | $609 | $812 | $1,015 | $1,218 | $1,421 | $1,624 |
| 3BR | $469 | $703 | $938 | $1,173 | $1,407 | $1,642 | $1,877 |
| 4BR | $523 | $785 | $1,047 | $1,308 | $1,570 | $1,832 | $2,094 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,960 | $31,600 | $37,920 | $50,560 |
| 2 persons | $21,660 | $36,100 | $43,320 | $57,760 |
| 3 persons | $24,360 | $40,600 | $48,720 | $64,960 |
| 4 persons | $27,060 | $45,100 | $54,120 | $72,160 |
| 5 persons | $29,250 | $48,750 | $58,500 | $78,000 |
| 6 persons | $31,410 | $52,350 | $62,820 | $83,760 |
| 7 persons | $33,570 | $55,950 | $67,140 | $89,520 |
| 8 persons | $35,730 | $59,550 | $71,460 | $95,280 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Bollinger County to see the sources and uses, bond test, DSCR, and funding gap using these rents.