FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR
0.95ratio
FMR$830
Market$870
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR
1.02ratio
FMR$1,050
Market$1,030
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR
1.02ratio
FMR$1,390
Market$1,360
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.02
4 BR
4 BR
0.94ratio
FMR$1,720
Market$1,830
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.94
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 67201 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 67201 (Wichita, KS) is $1,050 a month. That is down 4.5% from $1,100 in FY 2026. Wichita 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, 67201 is tied for the 37th-highest two-bedroom rent (county range $960–$1,560). The median county two-bedroom FMR in Kansas is $961, so ZIP 67201 is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 67201
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$780
$780
0.0%
$702–$858
1BR
$850
$830
−2.4%
$747–$913
2BR
$1,100
$1,050
−4.5%
$945–$1,155
3BR
$1,450
$1,390
−4.1%
$1,251–$1,529
4BR
$1,790
$1,720
−3.9%
$1,548–$1,892
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 67201
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$830
$1,050
$1,390
$1,720
FY 2026
$780
$850
$1,100
$1,450
$1,790
FY 2025
$690
$760
$1,000
$1,310
$1,600
FY 2024
$690
$780
$1,020
$1,340
$1,640
FY 2023
$620
$700
$920
$1,220
$1,490
Two-bedroom rent in nearby Sedgwick County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 67201?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,050, that basic range is $945 to $1,155 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 67201 in?
ZIP 67201 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 67201 for FY 2027?
The two-bedroom FMR fell 4.5%, from $1,100 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 14.1%.
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