FMR is near market; voucher and private rents are aligned.
0.98
1 BR
1 BR
0.81ratio
FMR$1,330
Market$1,640
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR
0.74ratio
FMR$1,510
Market$2,040
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR
0.80ratio
FMR$1,970
Market$2,460
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR
1.12ratio
FMR$2,360
Market$2,100
vs market+$260
FMR is above market; underwrite to market rent.
1.12
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
--
ZIP 64101 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64101 (Kansas City, MO) is $1,510 a month. That is up 10.2% from $1,370 in FY 2026. Kansas City 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. Among 70 ZIP codes in Jackson County, 64101 has the 31st-highest two-bedroom rent (county range $980–$2,230). The median county two-bedroom FMR in Missouri is $962, so ZIP 64101 is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 64101
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,230
+10.8%
$1,107–$1,353
1BR
$1,210
$1,330
+9.9%
$1,197–$1,463
2BR
$1,370
$1,510
+10.2%
$1,359–$1,661
3BR
$1,780
$1,970
+10.7%
$1,773–$2,167
4BR
$2,120
$2,360
+11.3%
$2,124–$2,596
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 64101
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,230
$1,330
$1,510
$1,970
$2,360
FY 2026
$1,110
$1,210
$1,370
$1,780
$2,120
FY 2025
$1,020
$1,130
$1,280
$1,670
$1,980
FY 2024
$930
$1,040
$1,190
$1,560
$1,830
FY 2023
$840
$950
$1,100
$1,450
$1,680
Two-bedroom rent in nearby Jackson County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 64101?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,510, that basic range is $1,359 to $1,661 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 ZIP 64101 in?
ZIP 64101 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 ZIP 64101 for FY 2027?
The two-bedroom FMR rose 10.2%, from $1,370 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 37.3%.
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