FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR
1.04ratio
FMR$780
Market$750
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR
1.05ratio
FMR$1,000
Market$950
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR
1.06ratio
FMR$1,320
Market$1,250
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR
1.09ratio
FMR$1,640
Market$1,510
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.09
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
--
ZIP 67221 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 67221 (McConnell Afb, KS) is $1,000 a month. That is down 2.9% from $1,030 in FY 2026. McConnell Afb 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, 67221 is tied for the 48th-highest two-bedroom rent (county range $960–$1,560). The median county two-bedroom FMR in Kansas is $961, so ZIP 67221 is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 67221
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$740
$740
0.0%
$666–$814
1BR
$800
$780
−2.5%
$702–$858
2BR
$1,030
$1,000
−2.9%
$900–$1,100
3BR
$1,360
$1,320
−2.9%
$1,188–$1,452
4BR
$1,680
$1,640
−2.4%
$1,476–$1,804
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 67221
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$740
$780
$1,000
$1,320
$1,640
FY 2026
$740
$800
$1,030
$1,360
$1,680
FY 2025
$640
$710
$930
$1,220
$1,490
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 67221?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,000, that basic range is $900 to $1,100 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 67221 in?
ZIP 67221 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 67221 for FY 2027?
The two-bedroom FMR fell 2.9%, from $1,030 in FY 2026 to $1,000 in FY 2027. Since FY 2023 it has risen 8.7%.
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