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Clay County/Kansas City/64161

64161

ZIPSAFMR
Clay County, MO
Zillow

ZIP Investment Score

116Above average

095130300
BRFMR
Eff. Rent
0 BR$1,430$1,000
1 BR$1,550$1,080
2 BR$1,760$1,170
3 BR$2,300$1,640
4 BR$2,750$1,900
5 BR$3,162Not available
6 BR$3,637Not available
7 BR$4,182Not available
8 BR$4,810Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMR$1,760
Market rentUsed$1,170
Est. payment standard (90%)$1,580
-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
1.43
1 BR
1.44
2 BR
1.50
3 BR
1.40
4 BR
1.45
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 64161 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 64161 (Kansas City, MO) is $1,760 a month. That is up 12.8% from $1,560 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 29 ZIP codes in Clay County, 64161 is tied for the 6th-highest two-bedroom rent (county range $1,150–$2,320). The median county two-bedroom FMR in Missouri is $962, so ZIP 64161 is 83% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 64161
BedroomsFY 2027Change90–110% range
Studio$1,430+13.5%$1,287–$1,573
1BR$1,550+12.3%$1,395–$1,705
2BR$1,760+12.8%$1,584–$1,936
3BR$2,300+13.3%$2,070–$2,530
4BR$2,750+13.6%$2,475–$3,025

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 64161
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,430$1,550$1,760$2,300$2,750
FY 2026$1,260$1,380$1,560$2,030$2,420
FY 2025$1,280$1,410$1,600$2,090$2,470
FY 2024$1,120$1,250$1,430$1,870$2,200
FY 2023$980$1,110$1,290$1,700$1,970

Two-bedroom rent in nearby Clay County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 64161
64144$1,550−11.9%
64150$1,150−34.7%
64151$1,710−2.8%
64154$1,7600.0%
64155$1,700−3.4%
64156$1,880+6.8%
64157$2,320+31.8%
64158$1,880+6.8%
64161Current$1,760—
64165$1,680−4.5%
64166$1,710−2.8%
64167$1,810+2.8%

Questions about ZIP 64161 rents

How much will Section 8 pay for a two-bedroom in ZIP 64161?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,760, that basic range is $1,584 to $1,936 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 64161 in?

ZIP 64161 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 64161 for FY 2027?

The two-bedroom FMR rose 12.8%, from $1,560 in FY 2026 to $1,760 in FY 2027. Since FY 2023 it has risen 36.4%.

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