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KS/Butler County/El Dorado

El Dorado, KS

CitySAFMR
Butler County
Found 1 ZIP

City Median Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$720$710
1 BR$760$760
2 BR$960$870
3 BR$1,270$1,230
4 BR$1,580$1,220
5 BR$1,817Not available
6 BR$2,090Not available
7 BR$2,403Not available
8 BR$2,763Not available

Purchase Price Calculator

Maximum purchase price
$67,365

Cost breakdown

+Likely effective rent$870
HUD FMR$960
Market rentUsed$870
Est. payment standard (94%)$900
-Principal and interest-$341
Loan amount$53,892
Down payment$13,473
Rate6.50%
Term30 years
-Operating costs-$329
Property taxes-$67
Insurance-$175
Utilities$0
HOA$0
Management-$87
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$14,311(106.2% ROI)
Projected value
$72,545
Return breakdown
Property appreciation+$5,180
Loan principal paid down+$1,931
Rental cash flow+$7,200
5-year hold
+$24,296(180.3% ROI)
Projected value
$76,217
Return breakdown
Property appreciation+$8,852
Loan principal paid down+$3,443
Rental cash flow+$12,000
10-year hold
+$51,072(379.1% ROI)
Projected value
$86,233
Return breakdown
Property appreciation+$18,868
Loan principal paid down+$8,204
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
1.00
2 BR
1.10
3 BR
1.03
4 BR
1.30
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

El Dorado, KS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in El Dorado, KS is $960 a month. That is down 4.0% from $1,000 in FY 2026. El Dorado is in the Wichita, KS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for El Dorado, KS
BedroomsFY 2027Change90–110% range
Studio$720+1.4%$648–$792
1BR$760−1.3%$684–$836
2BR$960−4.0%$864–$1,056
3BR$1,270−3.1%$1,143–$1,397
4BR$1,580−2.5%$1,422–$1,738

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for El Dorado, KS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$720$760$960$1,270$1,580
FY 2026$710$770$1,000$1,310$1,620
FY 2025$630$700$920$1,210$1,480
FY 2024$630$710$930$1,220$1,500
FY 2023$560$640$840$1,110$1,360

Questions about El Dorado, KS rents

How much will Section 8 pay for a two-bedroom in El Dorado, KS?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $960, that basic range is $864 to $1,056 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is El Dorado, KS in?

El Dorado, KS is in the Wichita, KS HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in El Dorado, KS for FY 2027?

The two-bedroom FMR fell 4.0%, from $1,000 in FY 2026 to $960 in FY 2027. Since FY 2023 it has risen 14.3%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set