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Sedgwick County/Garden Plain/67050

67050

ZIPSAFMR
Sedgwick County, KS
Zillow

ZIP Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$830$910
1 BR$880$970
2 BR$1,110$1,220
3 BR$1,470$1,550
4 BR$1,820$1,870
5 BR$2,093Not available
6 BR$2,407Not available
7 BR$2,768Not available
8 BR$3,183Not available

Purchase Price Calculator

Maximum purchase price
$119,375

Cost breakdown

+Likely effective rent$1,220
HUD FMR$1,110
Market rent$1,520
Est. payment standard (110%)Used$1,220
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.58
1 BR
0.60
2 BR
0.73
3 BR
0.92
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 67050 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 67050 (Garden Plain, KS) is $1,110 a month. That is down 7.5% from $1,200 in FY 2026. Garden Plain is in the Wichita, KS HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 58 ZIP codes in Sedgwick County, 67050 is tied for the 25th-highest two-bedroom rent (county range $960–$1,560). The median county two-bedroom FMR in Kansas is $961, so ZIP 67050 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 67050
BedroomsFY 2027Change90–110% range
Studio$830−2.4%$747–$913
1BR$880−5.4%$792–$968
2BR$1,110−7.5%$999–$1,221
3BR$1,470−7.0%$1,323–$1,617
4BR$1,820−6.7%$1,638–$2,002

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 67050
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$830$880$1,110$1,470$1,820
FY 2026$850$930$1,200$1,580$1,950
FY 2025$750$830$1,080$1,420$1,720
FY 2024$740$830$1,090$1,430$1,760
FY 2023$650$740$970$1,280$1,570

Two-bedroom rent in nearby Sedgwick County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 67050
67020$960−13.5%
67025$1,090−1.8%
67026$1,130+1.8%
67030$1,440+29.7%
67031$1,160+4.5%
67037$1,170+5.4%
67039$960−13.5%
67050Current$1,110—
67052$1,490+34.2%
67055$1,340+20.7%
67060$1,070−3.6%
67067$1,560+40.5%

Questions about ZIP 67050 rents

How much will Section 8 pay for a two-bedroom in ZIP 67050?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,110, that basic range is $999 to $1,221 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 67050 in?

ZIP 67050 is in the Wichita, 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 67050 for FY 2027?

The two-bedroom FMR fell 7.5%, from $1,200 in FY 2026 to $1,110 in FY 2027. Since FY 2023 it has risen 14.4%.

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