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Weir, KS

CitySAFMR
Cherokee County
Found 1 ZIP

City Median Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$960$960
1 BR$970$970
2 BR$1,270$1,270
3 BR$1,660$1,660
4 BR$1,670$1,670
5 BR$1,920Not available
6 BR$2,209Not available
7 BR$2,540Not available
8 BR$2,921Not available

Purchase Price Calculator

Maximum purchase price
$126,805

Cost breakdown

+Likely effective rent$1,270
HUD FMRUsed$1,270
Market rentN/A
Est. payment standardN/A
-Principal and interest-$641
Loan amount$101,444
Down payment$25,361
Rate6.50%
Term30 years
-Operating costs-$429
Property taxes-$127
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,585(81.2% ROI)
Projected value
$136,555
Return breakdown
Property appreciation+$9,750
Loan principal paid down+$3,634
Rental cash flow+$7,200
5-year hold
+$35,144(138.6% ROI)
Projected value
$143,468
Return breakdown
Property appreciation+$16,663
Loan principal paid down+$6,481
Rental cash flow+$12,000
10-year hold
+$74,960(295.6% ROI)
Projected value
$162,321
Return breakdown
Property appreciation+$35,516
Loan principal paid down+$15,444
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
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Tax rate
--
Mortgage rate
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Weir, KS fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Weir, KS is $1,270 a month. That is up 13.4% from $1,120 in FY 2026. Weir is in the Cherokee County, KS 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 $961. The median county two-bedroom FMR in Kansas is $961, so Weir is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Weir, KS
BedroomsFY 2027Change90–110% range
Studio$960+12.9%$864–$1,056
1BR$970+14.1%$873–$1,067
2BR$1,270+13.4%$1,143–$1,397
3BR$1,660+12.2%$1,494–$1,826
4BR$1,670+12.8%$1,503–$1,837

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Weir, KS
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$960$970$1,270$1,660$1,670
FY 2026$850$850$1,120$1,480$1,480
FY 2025$800$800$1,050$1,390$1,390
FY 2024area FMR$598$671$882$1,178$1,198
FY 2023area FMR$527$606$788$1,028$1,059

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Weir, KS rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $961, which applies unless the housing authority uses Small Area FMRs, that basic range is $865 to $1,057 a month; under the ZIP-level Small Area FMR of $1,270 it would be $1,143 to $1,397. 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 Weir, KS in?

Weir, KS is in the Cherokee County, KS HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $961.

How much did fair market rent change in Weir, KS for FY 2027?

The two-bedroom FMR rose 13.4%, from $1,120 in FY 2026 to $1,270 in FY 2027. Since FY 2025 it has risen 21.0%.

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