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Platte County/Kansas City/64133

64133

ZIPSAFMR
Platte County, MO
Zillow

ZIP Investment Score

139High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,210$1,140
1 BR$1,320$1,140
2 BR$1,490$1,170
3 BR$1,950$1,720
4 BR$2,330$2,020
5 BR$2,680Not available
6 BR$3,081Not available
7 BR$3,544Not available
8 BR$4,075Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMR$1,490
Market rentUsed$1,170
Est. payment standard (90%)$1,340
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.06
1 BR
1.16
2 BR
1.27
3 BR
1.13
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 64133 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64133 (Kansas City, MO) is $1,490 a month. That is up 16.4% from $1,280 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 23 ZIP codes in Platte County, 64133 is tied for the 12th-highest two-bedroom rent (county range $1,030–$1,800). The median county two-bedroom FMR in Missouri is $962, so ZIP 64133 is 55% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 64133
BedroomsFY 2027Change90–110% range
Studio$1,210+17.5%$1,089–$1,331
1BR$1,320+16.8%$1,188–$1,452
2BR$1,490+16.4%$1,341–$1,639
3BR$1,950+16.8%$1,755–$2,145
4BR$2,330+17.7%$2,097–$2,563

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 64133
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,210$1,320$1,490$1,950$2,330
FY 2026$1,030$1,130$1,280$1,670$1,980
FY 2025$950$1,050$1,190$1,550$1,840
FY 2024$890$1,000$1,140$1,490$1,750
FY 2023$810$920$1,070$1,410$1,630

Two-bedroom rent in nearby Platte County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 64133
64098$1,350−9.4%
64118$1,520+2.0%
64133Current$1,490—
64150$1,150−22.8%
64151$1,710+14.8%
64152$1,600+7.4%
64153$1,510+1.3%
64154$1,760+18.1%
64155$1,700+14.1%
64163$1,070−28.2%
64164$1,410−5.4%
64168$1,630+9.4%

Questions about ZIP 64133 rents

How much will Section 8 pay for a two-bedroom in ZIP 64133?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,490, that basic range is $1,341 to $1,639 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 64133 in?

ZIP 64133 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 64133 for FY 2027?

The two-bedroom FMR rose 16.4%, from $1,280 in FY 2026 to $1,490 in FY 2027. Since FY 2023 it has risen 39.3%.

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

County fair market rentKansas City, MO fair market rentMO statewide rentsWhat is SAFMR?Data sources