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City · 18,282 residents · St. Francois County, Missouri

Farmington , Missouri

In Farmington, a typical home is worth $196,500 and typical rent is $855 a month. Compared with all of St. Francois County, the typical home value is 16% higher, typical rent is 8% higher, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $196,500

    16% above the county

    15% below Missouri

    • Farmington
    • St. Francois
    • Missouri

  • Typical rent

    $855a month

    8% above the county

    17% below Missouri

    • Farmington
    • St. Francois
    • Missouri

  • Typical household income

    $53,729a year

    7% below the county

    24% below Missouri

    • Farmington
    • St. Francois
    • Missouri

  • Households that own their home

    54%

    14 points below the county

    14 points below Missouri

    • Farmington
    • St. Francois
    • Missouri

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$261,223
4.7% more than 12 months ago
Typical rent
$1,261 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Farmington is in St. Francois County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of St. Francois County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Farmington apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Park Hills, the typical home value is $131,300: 33% less than in Farmington ($196,500).

  2. Nearby, in Bonne Terre, the typical rent is $641: 25% less than in Farmington ($855).

  3. 54% of households in Farmington own their home, against 68% in St. Francois County.

  4. The typical home in Farmington is worth $196,500, 16% more than in St. Francois County as a whole ($169,300).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Farmington

What homes there are in Farmington, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Farmington, 5 in 10 homes are single-family detached houses; in St. Francois County, 7.

Year built

Here half of the homes date from 1990 or later; in St. Francois County, from 1983 or later.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

At least 95% of owner-occupied homes in Farmington are worth less than $500,000, below the FHA loan limit for St. Francois County ($541,287).

Monthly rent with utilities

With a mortgage

$1,305 a month

St. Francois County: $1,197 a month

Without a mortgage

$491 a month

St. Francois County: $417 a month

Owners with a mortgage

64%

St. Francois County: 61%

The typical cost for an owner with a mortgage in Farmington is $1,305 a month, more than in St. Francois County ($1,197); without one, $491.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Farmington rose 46% since 2015–2019, more than in St. Francois County (40%).

Rents in Farmington rose faster than in St. Francois County: 22% since 2015–2019, against 15%.

Housing prices ran ahead of income in Farmington: typical income rose 18%, against +46% for home values and +22% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFarmingtonSt. Francois CountyMissouriUnited States
Rental vacancy Unreliable estimate5.2%5.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimate2.0%1.7%3.4%
People per household 2.332.482.402.53
Drive alone 78%80%75%69%
Carpool 8%9%8%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 11%8%13%15%
Other means Unreliable estimate2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Households in Farmington are smaller: 2.33 people on average; in St. Francois County, 2.48.

Working from home is more common in Farmington: 11%, against 8% in St. Francois County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Farmington?

A typical home is tight for the typical income

We start with a typical home in Farmington, worth $196,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in Farmington, which is $53,729 a year. For that payment to be 28% of income, a household would need to earn about $68,022 a year.

The calculator's FHA and conventional loan limits are those of all of St. Francois County.

Your numbers

Local data
$

Starts at the typical home value in Farmington. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $6,878 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,587

at 7.18% · 30 years

Loan amount
$192,940
Total interest
$277,596
Paid off in
November 2056

Includes $3,318 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,254 a month

  • Tight

    $1,254 to $1,612 a month

    Your payment · 35%

  • Hard

    more than $1,612 a month

Compared with the typical household income in Farmington ($53,729 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,587
Principal & interest$1,307
Property tax$111
Home insurance$82
FHA mortgage insurance (MIP)$87

You need at least $6,878 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Farmington and St. Francois County

Farmington is in St. Francois County, Missouri. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Farmington's own numbers

Typical home value
$196,500
Typical monthly rent
$855
Typical yearly household income
$53,729
Households that own their home
54%
Effective property tax rate
0.68%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of St. Francois County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$988
Price change over 5 years (FHFA)
+48%
Homes in a high flood-risk zone
1.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of St. Francois County.

Everything about St. Francois County

Buying

Buying a home in Farmington

A typical home in Farmington is worth $196,500: 16% above the county and 15% below Missouri. With the typical household income in Farmington ($53,729 a year), a typical home costs 3.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Farmington 3.7 years
  • St. Francois 2.9 years
  • Missouri 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in St. Francois County

According to FHFA’s house price index, home prices in St. Francois County rose 80% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of St. Francois County.

Period County Missouri U.S.
Last year (2025) +3.7% +3.7% +2.9%
5 years (2020–2025) +48% +51% +47%
10 years (2015–2025) +80% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Farmington next to St. Francois County, Missouri and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Farmington $196,500
  • St. Francois $169,300
  • Missouri $230,300
  • United States $332,700
Typical monthly rent
  • Farmington $855
  • St. Francois $794
  • Missouri $1,033
  • United States $1,413
Typical yearly household income
  • Farmington $53,729
  • St. Francois $57,477
  • Missouri $70,702
  • United States $80,734
See the full table
Farmington next to St. Francois County and Missouri
Measure Farmington St. Francois County Missouri U.S.
Typical home value $196,500 $169,300 $230,300 $332,700
Typical monthly rent $855 $794 $1,033 $1,413
Typical yearly household income $53,729 $57,477 $70,702 $80,734
Households that own their home 54% 68% 68% 65%
Typical yearly property tax $1,328 $1,188 $1,948 $3,119
Effective property tax rate 0.68% 0.7% 0.85% 0.94%
Renters with high rent for their income 41% 40% 46% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below St. Francois County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Farmington

For a typical $196,500 home in Farmington, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Farmington's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,587a month

    Least cash to close
    Down payment
    $6,878
    Cash to close
    $12,773
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $87

  • Conventional, 5% down $1,551a month

    Down payment
    $9,825
    Cash to close
    $15,720
    Rate
    7.18%
    Mortgage insurance
    PMI · $93

  • Conventional, 20% down, no PMI $1,258a month

    Down payment
    $39,300
    Cash to close
    $45,195
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,440a month

    Down payment
    $29,475
    Cash to close
    $35,370
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Farmington and for St. Francois County.

Property tax

Effective rate in Farmington

0.68%of the home’s value each year

$1,328 a year for the typical owner in Farmington.

  • Farmington 0.68%
  • St. Francois 0.7%
  • Missouri 0.85%

What Missouri publishes Deadline to appeal the assessment to the county board of equalization (Missouri Revisor of Statutes (Revised Statutes of Missouri))

Exemptions and deadlines in Missouri

Flood risk in St. Francois County

FEMA does not publish these numbers by city: they are for all of St. Francois County.

Homes in the high-risk zone
1.2%
301
Of those, with NFIP insurance
11%
County Missouri U.S.
Homes in the high-risk zone 1.2% 1.6% 3.5%
Of those, with NFIP insurance 11% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Farmington

Typical rent in Farmington is $855 a month: 8% above the county. In Farmington, 41% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of St. Francois County, by unit size. To pay the 2-bedroom one ($988 a month) without spending more than 30% of your income, you would need to earn $19.00 an hour working full time.

HUD fair market rent for all of St. Francois County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $750 $14.42 $30,000
1 bedroom $755 $14.52 $30,200
2 bedrooms $988 $19.00 $39,520
3 bedrooms $1,195 $22.98 $47,800
4 bedrooms $1,298 $24.96 $51,920

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Farmington

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Farmington is in ZIP code 63640.

For 2 bedrooms it is $1,060: $72 more than the fair market rent for St. Francois County ($988).

  • 63640 $1,060$1,280

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Farmington when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Farmington

HUD lists 11 buildings with rents for lower incomes in Farmington. These are the largest.

  • Birch Tree Apts 1 Birch Tree, Farmington 63640 56 low-income homes · 2 bd: 56 · In service since 2012 · For people with disabilities, families
  • Birch Tree Apts II 6 Townhouse Ln, Farmington 63640 48 low-income homes · 2 bd: 45 · 4 bd: 3 · In service since 2014 · For people with disabilities, families
  • Countryside Estates II 95 Hawthorne DR, Farmington 63640 46 low-income homes · 2 bd: 46 · In service since 1988
  • Heritage Meadows 603 Heritage Meadows Dr, Farmington 63640 40 low-income homes · 1 bd: 8 · 2 bd: 32 · In service since 2003
  • Orchard View Apts 1300 Hazel Ln, Farmington 63640 40 low-income homes · 2 bd: 40 · In service since 2004

See all 19 buildings in St. Francois County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Farmington

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in St. Francois County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Farmington

No down payment, repair or rent-help program on our list is for Farmington or St. Francois County. The ones below are statewide in Missouri: they work in Farmington the same as in the rest of the state.

Which programs do I qualify for? All programs in Missouri

  • First Place Loan Program

    Statewide in Missouri

    Missouri state commission mortgage for first-time buyers and veterans, with the option of cash assistance for the down payment and closing costs. Offered by Missouri Housing Development Commission (MHDC).

    Type not stated

    See the program Official page

  • Next Step Program

    Statewide in Missouri

    Missouri state commission mortgage for buyers who earn more than First Place allows, with a second loan of 4% of the mortgage for the down payment and closing costs that is forgiven after ten years. Offered by Missouri Housing Development Commission (MHDC).

    Forgivable

    See the program Official page

Housing counselors near Farmington

The HUD-approved agencies closest to the center of Farmington, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • The Housing Partnership, Inc.

    729 Lemay Ferry Rd, Saint Louis · 53 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (314) 631-9905

  • NSC (naca Counseling Subsidiary) - ST. Louis, MO

    1300 Hampton Avenue suite 101, Saint Louis · 59 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (314) 645-8333

  • Housing Options Provided for the Elderly (H.O.P.E)

    1120 S 6th St, Saint Louis · 59 miles away

    • Reverse mortgage counseling
    (844) 432-6467

All counseling agencies in Missouri

Help in Spanish near Farmington

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Farmington

HUD’s record names them for Farmington or St. Francois County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • ST. Francois County Public Housing Agency Section 8 vouchers (573) 431-5391

All housing agencies in Missouri Source: HUD

Cities

Other cities in St. Francois County

These cities are also in St. Francois County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about St. Francois County Housing in Missouri

Nearby cities

The cities closest to Farmington, with the typical home value.

Neighboring counties

If St. Francois County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Farmington.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Farmington

Short answers with the numbers for Farmington and all of St. Francois County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Farmington?

The typical home value in Farmington is $196,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in St. Francois County it is $169,300.

How much does it cost to rent in Farmington?

Typical rent in Farmington is $855 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in St. Francois County is $988.

What is the FHA loan limit in Farmington?

Farmington uses the FHA limit for all of St. Francois County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Farmington?

The typical homeowner in Farmington pays $1,328 a year, according to the U.S. Census Bureau. That is 0.68% of the home’s value; in St. Francois County, the rate is 0.7%.

Where can I find free help to buy or rent in Farmington?

We found no HUD-approved counseling agencies with an office in St. Francois County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).