FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR- 96790
0.79ratio
FMR$2,170
Market$2,760
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 96790
0.84ratio
FMR$2,840
Market$3,390
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 96790
0.76ratio
FMR$3,580
Market$4,700
vs market-$1,120
FMR is below market; voucher rent may lag private rents.
0.76
4 BR
4 BR- 96790
0.86ratio
FMR$4,430
Market$5,180
vs market-$750
FMR is below market; voucher rent may lag private rents.
0.86
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Kula, HI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Kula, HI is $2,840 a month. That is up 2.2% from $2,780 in FY 2026. Kula is in the Kahului-Wailuku-Lahaina, HI HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,656. The median county two-bedroom FMR in Hawaii is $2,326, so Kula is 22% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Kula, HI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,010
$1,980
−1.5%
$1,782–$2,178
1BR
$2,120
$2,170
+2.4%
$1,953–$2,387
2BR
$2,780
$2,840
+2.2%
$2,556–$3,124
3BR
$3,600
$3,580
−0.6%
$3,222–$3,938
4BR
$4,490
$4,430
−1.3%
$3,987–$4,873
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Kula, HI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,980
$2,170
$2,840
$3,580
$4,430
FY 2026
$2,010
$2,120
$2,780
$3,600
$4,490
FY 2025
$1,770
$1,780
$2,330
$3,130
$3,620
FY 2024
$1,620
$1,650
$2,070
$2,830
$3,130
FY 2023
$1,460
$1,530
$1,890
$2,600
$2,800
Questions about Kula, HI rents
How much will Section 8 pay for a two-bedroom in Kula, HI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,656, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,390 to $2,922 a month; under the ZIP-level Small Area FMR of $2,840 it would be $2,556 to $3,124. 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 Kula, HI in?
Kula, HI is in the Kahului-Wailuku-Lahaina, HI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,656.
How much did fair market rent change in Kula, HI for FY 2027?
The two-bedroom FMR rose 2.2%, from $2,780 in FY 2026 to $2,840 in FY 2027. Since FY 2023 it has risen 50.3%.
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