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Sedgwick County/Wichita/67214

67214

ZIPSAFMR
Sedgwick County, KS
Zillow

ZIP Investment Score

98Above average

095130300
BRFMR
Eff. Rent
0 BR$720$630
1 BR$760$740
2 BR$960$950
3 BR$1,270$1,130
4 BR$1,580$1,300
5 BR$1,817Not available
6 BR$2,090Not available
7 BR$2,403Not available
8 BR$2,763Not available

Purchase Price Calculator

Maximum purchase price
$79,253

Cost breakdown

+Likely effective rent$950
HUD FMR$960
Market rentUsed$950
Est. payment standard (99%)$950
-Principal and interest-$401
Loan amount$63,402
Down payment$15,851
Rate6.50%
Term30 years
-Operating costs-$349
Property taxes-$79
Insurance-$175
Utilities$0
HOA$0
Management-$95
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,565(98.2% ROI)
Projected value
$85,347
Return breakdown
Property appreciation+$6,094
Loan principal paid down+$2,272
Rental cash flow+$7,200
5-year hold
+$26,465(167.0% ROI)
Projected value
$89,668
Return breakdown
Property appreciation+$10,415
Loan principal paid down+$4,051
Rental cash flow+$12,000
10-year hold
+$55,850(352.4% ROI)
Projected value
$101,451
Return breakdown
Property appreciation+$22,198
Loan principal paid down+$9,652
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.14
1 BR
1.03
2 BR
1.01
3 BR
1.12
4 BR
1.22
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 67214 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 67214 (Wichita, KS) is $960 a month. That is up 9.1% from $880 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, 67214 is tied for the 55th-highest two-bedroom rent (county range $960–$1,560).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 67214
BedroomsFY 2027Change90–110% range
Studio$720+16.1%$648–$792
1BR$760+11.8%$684–$836
2BR$960+9.1%$864–$1,056
3BR$1,270+10.4%$1,143–$1,397
4BR$1,580+11.3%$1,422–$1,738

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 67214
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$720$760$960$1,270$1,580
FY 2026$620$680$880$1,150$1,420
FY 2025$630$700$920$1,210$1,480
FY 2024$600$670$880$1,160$1,420
FY 2023$540$620$810$1,070$1,310

Two-bedroom rent in nearby Sedgwick County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 67214
67208$1,110+15.6%
67209$980+2.1%
67210$980+2.1%
67211$1,010+5.2%
67212$1,090+13.5%
67213$1,020+6.3%
67214Current$960—
67215$1,510+57.3%
67216$9600.0%
67217$1,060+10.4%
67218$990+3.1%
67219$1,130+17.7%

Questions about ZIP 67214 rents

How much will Section 8 pay for a two-bedroom in ZIP 67214?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $960, that basic range is $864 to $1,056 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 67214 in?

ZIP 67214 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 67214 for FY 2027?

The two-bedroom FMR rose 9.1%, from $880 in FY 2026 to $960 in FY 2027. Since FY 2023 it has risen 18.5%.

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