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66026

ZIPSAFMR
Linn County, KS

ZIP Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$1,020$1,020
1 BR$1,110$1,110
2 BR$1,250$1,250
3 BR$1,640$1,640
4 BR$1,960$1,960
5 BR$2,254Not available
6 BR$2,592Not available
7 BR$2,981Not available
8 BR$3,428Not available

Purchase Price Calculator

Maximum purchase price
$123,833

Cost breakdown

+Likely effective rent$1,250
HUD FMRUsed$1,250
Market rentN/A
Est. payment standardN/A
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 66026 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 66026 (Fontana, KS) is $1,250 a month. That is up 9.6% from $1,140 in FY 2026. Fontana 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 14 ZIP codes in Linn County, 66026 has the 2nd-highest two-bedroom rent (county range $960–$1,400). The median county two-bedroom FMR in Kansas is $961, so ZIP 66026 is 30% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 66026
BedroomsFY 2027Change90–110% range
Studio$1,020+10.9%$918–$1,122
1BR$1,110+11.0%$999–$1,221
2BR$1,250+9.6%$1,125–$1,375
3BR$1,640+10.8%$1,476–$1,804
4BR$1,960+11.4%$1,764–$2,156

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 66026
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,020$1,110$1,250$1,640$1,960
FY 2026$920$1,000$1,140$1,480$1,760
FY 2025$910$1,010$1,140$1,490$1,760
FY 2024$840$940$1,070$1,400$1,650
FY 2023$820$930$1,080$1,420$1,650

Two-bedroom rent in nearby Linn County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 66026
66010$1,120−10.4%
66014$1,100−12.0%
66026Current$1,250—
66033$1,050−16.0%
66039$960−23.2%
66040$1,230−1.6%
66042$1,210−3.2%
66056$1,000−20.0%
66064$1,230−1.6%
66072$1,240−0.8%
66075$960−23.2%
66738$1,100−12.0%

Questions about ZIP 66026 rents

How much will Section 8 pay for a two-bedroom in ZIP 66026?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,250, that basic range is $1,125 to $1,375 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 66026 in?

ZIP 66026 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 66026 for FY 2027?

The two-bedroom FMR rose 9.6%, from $1,140 in FY 2026 to $1,250 in FY 2027. Since FY 2023 it has risen 15.7%.

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