FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR
0.77ratio
FMR$1,060
Market$1,380
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR
0.84ratio
FMR$1,340
Market$1,590
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR
1.13ratio
FMR$1,780
Market$1,580
vs market+$200
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR
1.13ratio
FMR$2,200
Market$1,940
vs market+$260
FMR is above market; underwrite to market rent.
1.13
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 67055 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 67055 (Greenwich, KS) is $1,340 a month. That is down 1.5% from $1,360 in FY 2026. Greenwich 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, 67055 is tied for the 11th-highest two-bedroom rent (county range $960–$1,560). The median county two-bedroom FMR in Kansas is $961, so ZIP 67055 is 39% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 67055
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$1,000
+3.1%
$900–$1,100
1BR
$1,050
$1,060
+1.0%
$954–$1,166
2BR
$1,360
$1,340
−1.5%
$1,206–$1,474
3BR
$1,790
$1,780
−0.6%
$1,602–$1,958
4BR
$2,210
$2,200
−0.5%
$1,980–$2,420
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 67055
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,000
$1,060
$1,340
$1,780
$2,200
FY 2026
$970
$1,050
$1,360
$1,790
$2,210
FY 2025
$830
$920
$1,200
$1,570
$1,920
FY 2024
$830
$930
$1,220
$1,610
$1,970
FY 2023
$760
$860
$1,130
$1,500
$1,830
Two-bedroom rent in nearby Sedgwick County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 67055?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,340, that basic range is $1,206 to $1,474 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 67055 in?
ZIP 67055 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 67055 for FY 2027?
The two-bedroom FMR fell 1.5%, from $1,360 in FY 2026 to $1,340 in FY 2027. Since FY 2023 it has risen 18.6%.
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