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Doniphan County/Atchison/66002

66002

ZIPSAFMR
Doniphan County, KS
Zillow

ZIP Investment Score

140High yield potential

095130300
BRFMR
Eff. Rent
0 BR$730$800
1 BR$810$890
2 BR$970$1,070
3 BR$1,340$1,470
4 BR$1,620$1,690
5 BR$1,863Not available
6 BR$2,142Not available
7 BR$2,464Not available
8 BR$2,833Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$970
Market rent$1,390
Est. payment standard (110%)Used$1,070
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.74
1 BR
0.74
2 BR
0.70
3 BR
0.82
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 66002 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 66002 (Atchison, KS) is $970 a month. That is down 5.8% from $1,030 in FY 2026. Atchison is in the St. Joseph, MO-KS MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 10 ZIP codes in Doniphan County, 66002 is tied for the 4th-highest two-bedroom rent (county range $970–$1,110).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 66002
BedroomsFY 2027Change90–110% range
Studio$730−9.9%$657–$803
1BR$810−10.0%$729–$891
2BR$970−5.8%$873–$1,067
3BR$1,340−0.7%$1,206–$1,474
4BR$1,620+3.2%$1,458–$1,782

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 66002
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$730$810$970$1,340$1,620
FY 2026$810$900$1,030$1,350$1,570
FY 2025$890$990$1,140$1,490$1,740
FY 2024$800$910$1,050$1,380$1,600
FY 2023$690$790$930$1,230$1,420

Two-bedroom rent in nearby Doniphan County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 66002
66002Current$970—
66008$9700.0%
66017$9700.0%
66024$1,110+14.4%
66035$9700.0%
66041$1,000+3.1%
66087$9700.0%
66090$1,020+5.2%
66094$9700.0%
66532$9700.0%

Questions about ZIP 66002 rents

How much will Section 8 pay for a two-bedroom in ZIP 66002?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $970, that basic range is $873 to $1,067 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 66002 in?

ZIP 66002 is in the St. Joseph, MO-KS MSA. 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 66002 for FY 2027?

The two-bedroom FMR fell 5.8%, from $1,030 in FY 2026 to $970 in FY 2027. Since FY 2023 it has risen 4.3%.

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 rentAtchison, KS fair market rentKS statewide rentsWhat is SAFMR?Data sources