FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR
1.01ratio
FMR$1,810
Market$1,790
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR
1.22ratio
FMR$2,370
Market$1,950
vs market+$420
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR
1.44ratio
FMR$2,830
Market$1,960
vs market+$870
FMR is above market; underwrite to market rent.
1.44
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
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ZIP 64102 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64102 (Kansas City, MO) is $1,810 a month. That is up 11.7% from $1,620 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, 64102 is tied for the 14th-highest two-bedroom rent (county range $980–$2,230). The median county two-bedroom FMR in Missouri is $962, so ZIP 64102 is 88% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 64102
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,310
$1,470
+12.2%
$1,323–$1,617
1BR
$1,430
$1,600
+11.9%
$1,440–$1,760
2BR
$1,620
$1,810
+11.7%
$1,629–$1,991
3BR
$2,100
$2,370
+12.9%
$2,133–$2,607
4BR
$2,500
$2,830
+13.2%
$2,547–$3,113
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 64102
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,470
$1,600
$1,810
$2,370
$2,830
FY 2026
$1,310
$1,430
$1,620
$2,100
$2,500
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 64102?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,810, that basic range is $1,629 to $1,991 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 64102 in?
ZIP 64102 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 64102 for FY 2027?
The two-bedroom FMR rose 11.7%, from $1,620 in FY 2026 to $1,810 in FY 2027. Since FY 2023 it has risen 64.5%.
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