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Wyandotte County/Kansas City/66111

66111

ZIPSAFMR
Wyandotte County, KS
Zillow

ZIP Investment Score

110Above average

095130300
BRFMR
Eff. Rent
0 BR$1,110$1,140
1 BR$1,200$1,100
2 BR$1,360$1,200
3 BR$1,780$1,790
4 BR$2,130$2,340
5 BR$2,450Not available
6 BR$2,817Not available
7 BR$3,239Not available
8 BR$3,725Not available

Purchase Price Calculator

Maximum purchase price
$116,403

Cost breakdown

+Likely effective rent$1,200
HUD FMR$1,360
Market rentUsed$1,200
Est. payment standard (92%)$1,260
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.97
1 BR
1.09
2 BR
1.13
3 BR
0.99
4 BR
0.84
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 66111 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 66111 (Kansas City, KS) is $1,360 a month. That is up 11.5% from $1,220 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, 66111 has the 15th-highest two-bedroom rent (county range $1,120–$2,100). The median county two-bedroom FMR in Kansas is $961, so ZIP 66111 is 42% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 66111
BedroomsFY 2027Change90–110% range
Studio$1,110+13.3%$999–$1,221
1BR$1,200+11.1%$1,080–$1,320
2BR$1,360+11.5%$1,224–$1,496
3BR$1,780+11.9%$1,602–$1,958
4BR$2,130+12.7%$1,917–$2,343

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 66111
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,110$1,200$1,360$1,780$2,130
FY 2026$980$1,080$1,220$1,590$1,890
FY 2025$1,010$1,110$1,260$1,640$1,950
FY 2024$930$1,040$1,190$1,560$1,830
FY 2023$850$960$1,120$1,470$1,710

Two-bedroom rent in nearby Wyandotte County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 66111
66103$1,520+11.8%
66104$1,390+2.2%
66105$1,120−17.6%
66106$1,300−4.4%
66109$2,100+54.4%
66110$1,420+4.4%
66111Current$1,360—
66112$1,440+5.9%
66115$1,420+4.4%
66117$1,420+4.4%
66118$1,420+4.4%
66119$1,420+4.4%

Questions about ZIP 66111 rents

How much will Section 8 pay for a two-bedroom in ZIP 66111?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,360, that basic range is $1,224 to $1,496 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 66111 in?

ZIP 66111 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 66111 for FY 2027?

The two-bedroom FMR rose 11.5%, from $1,220 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has risen 21.4%.

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