The incident occurred just before 11:00 p.m. in front of a home in the 8100 block of Martin Luther King Boulevard near Mable Avenue in his hometown of Kinloch.
According to police, Huey whose real name is Lawrence Franks arrived at a local hospital suffering from a gunshot wound. He was pronounced dead shortly after his arrival.
Police said another victim from the scene of the shooting came to the Ferguson Police Department with a gunshot wound. He was taken to an area hospital and treated for his injuries. He is expected to survive.
Huey who leaves behind a 13-year-old daughter was signed to Jive Records. He released his debut album Notebook Paper in 2007.