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Lane, KS

CitySAFMR
Linn County
Found 1 ZIP

City Median Investment Score

93Below average

095130300
BRFMR
Eff. Rent
0 BR$960$960
1 BR$1,030$1,030
2 BR$1,210$1,210
3 BR$1,550$1,550
4 BR$1,810$1,810
5 BR$2,082Not available
6 BR$2,394Not available
7 BR$2,753Not available
8 BR$3,166Not available

Purchase Price Calculator

Maximum purchase price
$117,889

Cost breakdown

+Likely effective rent$1,210
HUD FMRUsed$1,210
Market rentN/A
Est. payment standardN/A
-Principal and interest-$596
Loan amount$94,311
Down payment$23,578
Rate6.50%
Term30 years
-Operating costs-$414
Property taxes-$118
Insurance-$175
Utilities$0
HOA$0
Management-$121
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,644(83.3% ROI)
Projected value
$126,954
Return breakdown
Property appreciation+$9,065
Loan principal paid down+$3,379
Rental cash flow+$7,200
5-year hold
+$33,517(142.2% ROI)
Projected value
$133,381
Return breakdown
Property appreciation+$15,492
Loan principal paid down+$6,026
Rental cash flow+$12,000
10-year hold
+$71,377(302.7% ROI)
Projected value
$150,908
Return breakdown
Property appreciation+$33,019
Loan principal paid down+$14,358
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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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
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Lane, KS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lane, KS is $1,210 a month. That is up 13.1% from $1,070 in FY 2026. Lane 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 Lane is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lane, KS
BedroomsFY 2027Change90–110% range
Studio$960+12.9%$864–$1,056
1BR$1,030+13.2%$927–$1,133
2BR$1,210+13.1%$1,089–$1,331
3BR$1,550+13.1%$1,395–$1,705
4BR$1,810+13.1%$1,629–$1,991

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lane, KS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$960$1,030$1,210$1,550$1,810
FY 2026$850$910$1,070$1,370$1,600
FY 2025$890$990$1,140$1,490$1,740
FY 2024$910$1,010$1,160$1,520$1,780
FY 2023$780$890$1,030$1,350$1,570

Questions about Lane, KS rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,210, that basic range is $1,089 to $1,331 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 Lane, KS in?

Lane, 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 Lane, KS for FY 2027?

The two-bedroom FMR rose 13.1%, from $1,070 in FY 2026 to $1,210 in FY 2027. Since FY 2023 it has risen 17.5%.

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