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Gardner, KS

CitySAFMR
Johnson County
Found 1 ZIP

City Median Investment Score

111Above average

095130300
BRFMR
Eff. Rent
0 BR$1,340$1,470
1 BR$1,460$1,540
2 BR$1,650$1,800
3 BR$2,160$2,140
4 BR$2,580$2,510
5 BR$2,967Not available
6 BR$3,412Not available
7 BR$3,924Not available
8 BR$4,512Not available

Purchase Price Calculator

Maximum purchase price
$205,563

Cost breakdown

+Likely effective rent$1,800
HUD FMR$1,650
Market rent$1,880
Est. payment standard (109%)Used$1,800
-Principal and interest-$1,039
Loan amount$164,450
Down payment$41,113
Rate6.50%
Term30 years
-Operating costs-$561
Property taxes-$206
Insurance-$175
Utilities$0
HOA$0
Management-$180
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,898(70.3% ROI)
Projected value
$221,369
Return breakdown
Property appreciation+$15,806
Loan principal paid down+$5,892
Rental cash flow+$7,200
5-year hold
+$49,519(120.4% ROI)
Projected value
$232,575
Return breakdown
Property appreciation+$27,013
Loan principal paid down+$10,507
Rental cash flow+$12,000
10-year hold
+$106,611(259.3% ROI)
Projected value
$263,138
Return breakdown
Property appreciation+$57,575
Loan principal paid down+$25,036
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.82
1 BR
0.92
2 BR
0.88
3 BR
1.01
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Gardner, KS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gardner, KS is $1,650 a month. That is up 11.5% from $1,480 in FY 2026. Gardner is in the Kansas City, MO-KS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Kansas is $961, so Gardner is 72% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Gardner, KS
BedroomsFY 2027Change90–110% range
Studio$1,340+12.6%$1,206–$1,474
1BR$1,460+12.3%$1,314–$1,606
2BR$1,650+11.5%$1,485–$1,815
3BR$2,160+11.9%$1,944–$2,376
4BR$2,580+12.7%$2,322–$2,838

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Gardner, KS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,340$1,460$1,650$2,160$2,580
FY 2026$1,190$1,300$1,480$1,930$2,290
FY 2025$1,180$1,300$1,480$1,930$2,280
FY 2024$1,090$1,210$1,390$1,820$2,130
FY 2023$980$1,110$1,290$1,700$1,970

Questions about Gardner, KS rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,650, that basic range is $1,485 to $1,815 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 Gardner, KS in?

Gardner, KS is in the Kansas City, MO-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 Gardner, KS for FY 2027?

The two-bedroom FMR rose 11.5%, from $1,480 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 27.9%.

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