Skip to main content
Loading page
KS/Miami County/Hillsdale

Hillsdale, KS

CitySAFMR
Miami County
Found 1 ZIP
Loading Investment Score

City Median Investment Score

-- 

095130300
BRFMR
Eff. Rent
0 BR$1,130$1,130
1 BR$1,230$1,230
2 BR$1,390$1,390
3 BR$1,820$1,820
4 BR$2,180$2,180
5 BR$2,507Not available
6 BR$2,883Not available
7 BR$3,316Not available
8 BR$3,813Not available

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMRUsed$1,390
Market rentN/A
Est. payment standardN/A
-Principal and interest-$731
Loan amount$115,710
Down payment$28,927
Rate6.50%
Term30 years
-Operating costs-$459
Property taxes-$145
Insurance-$175
Utilities$0
HOA$0
Management-$139
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,467(77.7% ROI)
Projected value
$155,758
Return breakdown
Property appreciation+$11,121
Loan principal paid down+$4,146
Rental cash flow+$7,200
5-year hold
+$38,399(132.7% ROI)
Projected value
$163,643
Return breakdown
Property appreciation+$19,006
Loan principal paid down+$7,393
Rental cash flow+$12,000
10-year hold
+$82,126(283.9% ROI)
Projected value
$185,148
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--

Hillsdale, KS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hillsdale, KS is $1,390 a month. That is up 10.3% from $1,260 in FY 2026. Hillsdale 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 Hillsdale is 45% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Hillsdale, KS
BedroomsFY 2027Change90–110% range
Studio$1,130+10.8%$1,017–$1,243
1BR$1,230+10.8%$1,107–$1,353
2BR$1,390+10.3%$1,251–$1,529
3BR$1,820+11.0%$1,638–$2,002
4BR$2,180+11.8%$1,962–$2,398

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Hillsdale, KS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,130$1,230$1,390$1,820$2,180
FY 2026$1,020$1,110$1,260$1,640$1,950
FY 2025$1,010$1,120$1,270$1,660$1,960
FY 2024$910$1,010$1,160$1,520$1,780
FY 2023$780$890$1,030$1,350$1,570

Questions about Hillsdale, KS rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,390, that basic range is $1,251 to $1,529 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 Hillsdale, KS in?

Hillsdale, 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 Hillsdale, KS for FY 2027?

The two-bedroom FMR rose 10.3%, from $1,260 in FY 2026 to $1,390 in FY 2027. Since FY 2023 it has risen 35.0%.

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