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Jackson County/Kansas City/64134

64134

ZIPSAFMR
Jackson County, MO
Zillow

ZIP Investment Score

143High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,310$1,360
1 BR$1,420$1,250
2 BR$1,610$1,330
3 BR$2,100$1,420
4 BR$2,520$1,650
5 BR$2,898Not available
6 BR$3,333Not available
7 BR$3,833Not available
8 BR$4,407Not available

Purchase Price Calculator

Maximum purchase price
$135,721

Cost breakdown

+Likely effective rent$1,330
HUD FMR$1,610
Market rentUsed$1,330
Est. payment standard (90%)$1,450
-Principal and interest-$686
Loan amount$108,577
Down payment$27,144
Rate6.50%
Term30 years
-Operating costs-$444
Property taxes-$136
Insurance-$175
Utilities$0
HOA$0
Management-$133
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,526(79.3% ROI)
Projected value
$146,157
Return breakdown
Property appreciation+$10,436
Loan principal paid down+$3,890
Rental cash flow+$7,200
5-year hold
+$36,772(135.5% ROI)
Projected value
$153,556
Return breakdown
Property appreciation+$17,835
Loan principal paid down+$6,937
Rental cash flow+$12,000
10-year hold
+$78,543(289.4% ROI)
Projected value
$173,734
Return breakdown
Property appreciation+$38,013
Loan principal paid down+$16,530
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.94
1 BR
1.14
2 BR
1.21
3 BR
1.48
4 BR
1.53
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 64134 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64134 (Kansas City, MO) is $1,610 a month. That is up 13.4% from $1,420 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, 64134 has the 26th-highest two-bedroom rent (county range $980–$2,230). The median county two-bedroom FMR in Missouri is $962, so ZIP 64134 is 67% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 64134
BedroomsFY 2027Change90–110% range
Studio$1,310+13.9%$1,179–$1,441
1BR$1,420+13.6%$1,278–$1,562
2BR$1,610+13.4%$1,449–$1,771
3BR$2,100+13.5%$1,890–$2,310
4BR$2,520+14.5%$2,268–$2,772

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 64134
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,310$1,420$1,610$2,100$2,520
FY 2026$1,150$1,250$1,420$1,850$2,200
FY 2025$1,140$1,260$1,430$1,870$2,210
FY 2024$1,060$1,180$1,350$1,770$2,070
FY 2023$850$960$1,120$1,470$1,710

Two-bedroom rent in nearby Jackson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 64134
64127$1,190−26.1%
64128$1,250−22.4%
64129$1,340−16.8%
64130$1,340−16.8%
64131$1,460−9.3%
64132$1,380−14.3%
64133$1,490−7.5%
64134Current$1,610—
64136$1,670+3.7%
64137$1,430−11.2%
64138$1,440−10.6%
64139$2,120+31.7%

Questions about ZIP 64134 rents

How much will Section 8 pay for a two-bedroom in ZIP 64134?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,610, that basic range is $1,449 to $1,771 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 64134 in?

ZIP 64134 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 64134 for FY 2027?

The two-bedroom FMR rose 13.4%, from $1,420 in FY 2026 to $1,610 in FY 2027. Since FY 2023 it has risen 43.8%.

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