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Wyandotte County/Kansas City/66101

66101

ZIPSAFMR
Wyandotte County, KS
Zillow

ZIP Investment Score

135High yield potential

095130300
BRFMR
Eff. Rent
0 BR$950$830
1 BR$1,030$950
2 BR$1,170$1,180
3 BR$1,530$1,340
4 BR$1,830$1,630
5 BR$2,105Not available
6 BR$2,420Not available
7 BR$2,783Not available
8 BR$3,201Not available

Purchase Price Calculator

Maximum purchase price
$113,431

Cost breakdown

+Likely effective rent$1,180
HUD FMR$1,170
Market rent$1,180
Est. payment standard (101%)Used$1,180
-Principal and interest-$574
Loan amount$90,745
Down payment$22,686
Rate6.50%
Term30 years
-Operating costs-$406
Property taxes-$113
Insurance-$175
Utilities$0
HOA$0
Management-$118
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,173(84.5% ROI)
Projected value
$122,153
Return breakdown
Property appreciation+$8,722
Loan principal paid down+$3,251
Rental cash flow+$7,200
5-year hold
+$32,703(144.2% ROI)
Projected value
$128,337
Return breakdown
Property appreciation+$14,906
Loan principal paid down+$5,798
Rental cash flow+$12,000
10-year hold
+$69,585(306.7% ROI)
Projected value
$145,201
Return breakdown
Property appreciation+$31,770
Loan principal paid down+$13,815
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.14
1 BR
1.08
2 BR
0.99
3 BR
1.14
4 BR
1.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 66101 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 66101 (Kansas City, KS) is $1,170 a month. That is up 13.6% from $1,030 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 20 ZIP codes in Wyandotte County, 66101 has the 19th-highest two-bedroom rent (county range $1,120–$2,100). The median county two-bedroom FMR in Kansas is $961, so ZIP 66101 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 66101
BedroomsFY 2027Change90–110% range
Studio$950+17.3%$855–$1,045
1BR$1,030+14.4%$927–$1,133
2BR$1,170+13.6%$1,053–$1,287
3BR$1,530+13.3%$1,377–$1,683
4BR$1,830+16.6%$1,647–$2,013

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 66101
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$950$1,030$1,170$1,530$1,830
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$720$810$940$1,240$1,430

Two-bedroom rent in nearby Wyandotte County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 66101
66101Current$1,170—
66102$1,330+13.7%
66103$1,520+29.9%
66104$1,390+18.8%
66105$1,120−4.3%
66106$1,300+11.1%
66109$2,100+79.5%
66110$1,420+21.4%
66111$1,360+16.2%
66112$1,440+23.1%
66115$1,420+21.4%
66117$1,420+21.4%

Questions about ZIP 66101 rents

How much will Section 8 pay for a two-bedroom in ZIP 66101?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,170, that basic range is $1,053 to $1,287 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 66101 in?

ZIP 66101 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 66101 for FY 2027?

The two-bedroom FMR rose 13.6%, from $1,030 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 24.5%.

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