FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR
0.97ratio
FMR$1,270
Market$1,310
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR
1.01ratio
FMR$1,760
Market$1,740
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR
0.85ratio
FMR$2,110
Market$2,490
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.85
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 66045 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 66045 (Lawrence, KS) is $1,270 a month. That is up 7.6% from $1,180 in FY 2026. Lawrence is in the Lawrence, KS MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,272. Among 13 ZIP codes in Douglas County, 66045 has the 7th-highest two-bedroom rent (county range $1,070–$1,570). The median county two-bedroom FMR in Kansas is $961, so ZIP 66045 is 32% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 66045
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$960
+6.7%
$864–$1,056
1BR
$1,000
$1,100
+10.0%
$990–$1,210
2BR
$1,180
$1,270
+7.6%
$1,143–$1,397
3BR
$1,640
$1,760
+7.3%
$1,584–$1,936
4BR
$1,980
$2,110
+6.6%
$1,899–$2,321
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 66045
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$1,100
$1,270
$1,760
$2,110
FY 2026
$900
$1,000
$1,180
$1,640
$1,980
FY 2025
$850
$960
$1,140
$1,590
$1,910
FY 2024
$750
$840
$1,010
$1,430
$1,710
FY 2023
$760
$840
$1,030
$1,460
$1,740
Two-bedroom rent in nearby Douglas County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 66045?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,272, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,145 to $1,399 a month; under the ZIP-level Small Area FMR of $1,270 it would be $1,143 to $1,397. 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 66045 in?
ZIP 66045 is in the Lawrence, KS MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,272.
How much did fair market rent change in ZIP 66045 for FY 2027?
The two-bedroom FMR rose 7.6%, from $1,180 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 23.3%.
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