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Sedgwick County/Wichita/67217

67217

ZIPSAFMR
Sedgwick County, KS
Zillow

ZIP Investment Score

122Above average

095130300
BRFMR
Eff. Rent
0 BR$790$790
1 BR$840$850
2 BR$1,060$930
3 BR$1,400$1,430
4 BR$1,740$1,750
5 BR$2,001Not available
6 BR$2,301Not available
7 BR$2,646Not available
8 BR$3,043Not available

Purchase Price Calculator

Maximum purchase price
$76,281

Cost breakdown

+Likely effective rent$930
HUD FMR$1,060
Market rentUsed$930
Est. payment standard (92%)$980
-Principal and interest-$386
Loan amount$61,025
Down payment$15,256
Rate6.50%
Term30 years
-Operating costs-$344
Property taxes-$76
Insurance-$175
Utilities$0
HOA$0
Management-$93
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,252(100.0% ROI)
Projected value
$82,146
Return breakdown
Property appreciation+$5,865
Loan principal paid down+$2,186
Rental cash flow+$7,200
5-year hold
+$25,923(169.9% ROI)
Projected value
$86,305
Return breakdown
Property appreciation+$10,024
Loan principal paid down+$3,899
Rental cash flow+$12,000
10-year hold
+$54,656(358.3% ROI)
Projected value
$97,646
Return breakdown
Property appreciation+$21,365
Loan principal paid down+$9,290
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.00
1 BR
0.99
2 BR
1.14
3 BR
0.97
4 BR
0.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 67217 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 67217 (Wichita, KS) is $1,060 a month. That is down 6.2% from $1,130 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, 67217 is tied for the 32nd-highest two-bedroom rent (county range $960–$1,560). The median county two-bedroom FMR in Kansas is $961, so ZIP 67217 is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 67217
BedroomsFY 2027Change90–110% range
Studio$790−1.2%$711–$869
1BR$840−3.4%$756–$924
2BR$1,060−6.2%$954–$1,166
3BR$1,400−5.4%$1,260–$1,540
4BR$1,740−4.9%$1,566–$1,914

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 67217
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$790$840$1,060$1,400$1,740
FY 2026$800$870$1,130$1,480$1,830
FY 2025$710$780$1,020$1,340$1,630
FY 2024$720$810$1,060$1,400$1,710
FY 2023$640$730$960$1,270$1,550

Two-bedroom rent in nearby Sedgwick County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 67217
67211$1,010−4.7%
67212$1,090+2.8%
67213$1,020−3.8%
67214$960−9.4%
67215$1,510+42.5%
67216$960−9.4%
67217Current$1,060—
67218$990−6.6%
67219$1,130+6.6%
67220$1,000−5.7%
67221$1,000−5.7%
67223$1,480+39.6%

Questions about ZIP 67217 rents

How much will Section 8 pay for a two-bedroom in ZIP 67217?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,060, that basic range is $954 to $1,166 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 67217 in?

ZIP 67217 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 67217 for FY 2027?

The two-bedroom FMR fell 6.2%, from $1,130 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 10.4%.

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