Skip to main content
Loading page

Viola, KS

CitySAFMR
Sedgwick County
Found 1 ZIP

City Median Investment Score

46Below average

095130300
BRFMR
Eff. Rent
0 BR$880$880
1 BR$940$940
2 BR$1,200$1,200
3 BR$1,560$1,560
4 BR$1,880$1,880
5 BR$2,162Not available
6 BR$2,486Not available
7 BR$2,859Not available
8 BR$3,288Not available

Purchase Price Calculator

Maximum purchase price
$116,403

Cost breakdown

+Likely effective rent$1,200
HUD FMRUsed$1,200
Market rentN/A
Est. payment standardN/A
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
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
--

Viola, KS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Viola, KS is $1,200 a month. That is down 4.0% from $1,250 in FY 2026. Viola 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. The median county two-bedroom FMR in Kansas is $961, so Viola is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Viola, KS
BedroomsFY 2027Change90–110% range
Studio$880−1.1%$792–$968
1BR$940−3.1%$846–$1,034
2BR$1,200−4.0%$1,080–$1,320
3BR$1,560−3.1%$1,404–$1,716
4BR$1,880−3.6%$1,692–$2,068

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Viola, KS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$880$940$1,200$1,560$1,880
FY 2026$890$970$1,250$1,610$1,950
FY 2025$770$850$1,120$1,450$1,720
FY 2024$750$840$1,110$1,430$1,730
FY 2023$650$740$970$1,270$1,520

Questions about Viola, KS rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,200, that basic range is $1,080 to $1,320 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 Viola, KS in?

Viola, 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 Viola, KS for FY 2027?

The two-bedroom FMR fell 4.0%, from $1,250 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 23.7%.

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