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Johnson County/Overland Park/66213

66213

ZIPSAFMR
Johnson County, KS
Zillow

ZIP Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$1,810$1,250
1 BR$1,970$1,380
2 BR$2,230$1,860
3 BR$2,910$2,220
4 BR$3,490$2,640
5 BR$4,013Not available
6 BR$4,616Not available
7 BR$5,308Not available
8 BR$6,104Not available

Purchase Price Calculator

Maximum purchase price
$214,479

Cost breakdown

+Likely effective rent$1,860
HUD FMR$2,230
Market rentUsed$1,860
Est. payment standard (90%)$2,010
-Principal and interest-$1,085
Loan amount$171,583
Down payment$42,896
Rate6.50%
Term30 years
-Operating costs-$575
Property taxes-$214
Insurance-$175
Utilities$0
HOA$0
Management-$186
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,839(69.6% ROI)
Projected value
$230,970
Return breakdown
Property appreciation+$16,491
Loan principal paid down+$6,147
Rental cash flow+$7,200
5-year hold
+$51,147(119.2% ROI)
Projected value
$242,663
Return breakdown
Property appreciation+$28,184
Loan principal paid down+$10,962
Rental cash flow+$12,000
10-year hold
+$110,194(256.9% ROI)
Projected value
$274,551
Return breakdown
Property appreciation+$60,072
Loan principal paid down+$26,122
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.45
1 BR
1.43
2 BR
1.20
3 BR
1.31
4 BR
1.32
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 66213 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 66213 (Overland Park, KS) is $2,230 a month. That is up 14.9% from $1,940 in FY 2026. Overland Park 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 46 ZIP codes in Johnson County, 66213 has the 4th-highest two-bedroom rent (county range $1,300–$2,320). The median county two-bedroom FMR in Kansas is $961, so ZIP 66213 is 132% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 66213
BedroomsFY 2027Change90–110% range
Studio$1,810+16.0%$1,629–$1,991
1BR$1,970+15.2%$1,773–$2,167
2BR$2,230+14.9%$2,007–$2,453
3BR$2,910+15.0%$2,619–$3,201
4BR$3,490+16.3%$3,141–$3,839

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 66213
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,810$1,970$2,230$2,910$3,490
FY 2026$1,560$1,710$1,940$2,530$3,000
FY 2025$1,500$1,650$1,880$2,450$2,900
FY 2024$1,370$1,530$1,750$2,290$2,690
FY 2023$1,230$1,390$1,620$2,130$2,470

Two-bedroom rent in nearby Johnson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 66213
66207$2,320+4.0%
66208$2,100−5.8%
66209$1,850−17.0%
66210$2,000−10.3%
66211$1,860−16.6%
66212$1,890−15.2%
66213Current$2,230—
66214$1,430−35.9%
66215$1,750−21.5%
66216$1,700−23.8%
66217$1,700−23.8%
66218$2,170−2.7%

Questions about ZIP 66213 rents

How much will Section 8 pay for a two-bedroom in ZIP 66213?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,230, that basic range is $2,007 to $2,453 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 66213 in?

ZIP 66213 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 66213 for FY 2027?

The two-bedroom FMR rose 14.9%, from $1,940 in FY 2026 to $2,230 in FY 2027. Since FY 2023 it has risen 37.7%.

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

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