Sedgwick County/New Raymer/80742

80742

ZIPSAFMR

Sedgwick County, CO

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ZIP Investment Score

101Above average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,060	$1,060	7.2%
1 BR	$1,120	$1,120	5.3%
2 BR	$1,410	$1,410	4.1%
3 BR	$1,960	$1,960	3.5%
4 BR	$2,340	$2,340	6.3%
5 BR	$2,691	Not available	6.3%
6 BR	$3,095	Not available	6.3%
7 BR	$3,559	Not available	6.3%
8 BR	$4,093	Not available	6.3%

Purchase Price Calculator

Maximum purchase price

$147,609

Cost breakdown

+Likely effective rent$1,410

HUD FMRUsed$1,410

Market rentN/A

Est. payment standardN/A

-Principal and interest-$746

Loan amount$118,087

Down payment$29,522

Rate6.50%

Term30 years

-Operating costs-$464

Property taxes-$148

Insurance-$175

Utilities$0

HOA$0

Management-$141

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$22,781(77.2% ROI)

Projected value

$158,959

Return breakdown

Property appreciation+$11,350

Loan principal paid down+$4,231

Rental cash flow+$7,200

5-year hold

+$38,942(131.9% ROI)

Projected value

$167,006

Return breakdown

Property appreciation+$19,397

Loan principal paid down+$7,545

Rental cash flow+$12,000

10-year hold

+$83,320(282.2% ROI)

Projected value

$188,952

Return breakdown

Property appreciation+$41,343

Loan principal paid down+$17,977

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical

FY 2023-2027

FMR: FY2027
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 80742 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80742 (New Raymer, CO) is $1,410 a month. That is up 2.2% from $1,380 in FY 2026. New Raymer is in the Sedgwick County, CO non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,014. Among 3 ZIP codes in Sedgwick County, 80742 has the highest two-bedroom rent (county range $1,010–$1,410). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80742 is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 80742
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,000	$1,060	+6.0%	$954–$1,166
1BR	$1,090	$1,120	+2.8%	$1,008–$1,232
2BR	$1,380	$1,410	+2.2%	$1,269–$1,551
3BR	$1,930	$1,960	+1.6%	$1,764–$2,156
4BR	$2,200	$2,340	+6.4%	$2,106–$2,574

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 80742
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,060	$1,120	$1,410	$1,960	$2,340
FY 2026	$1,000	$1,090	$1,380	$1,930	$2,200
FY 2025	$960	$1,080	$1,380	$1,950	$2,160
FY 2024	$860	$960	$1,250	$1,770	$1,950
FY 2023	$810	$900	$1,150	$1,630	$1,820

Two-bedroom rent in nearby Sedgwick County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 80742
80737	$1,010	−28.4%
80742Current	$1,410	—
80744	$1,130	−19.9%

Questions about ZIP 80742 rents

How much will Section 8 pay for a two-bedroom in ZIP 80742?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,410 it would be $1,269 to $1,551. 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 80742 in?

ZIP 80742 is in the Sedgwick County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.

How much did fair market rent change in ZIP 80742 for FY 2027?

The two-bedroom FMR rose 2.2%, from $1,380 in FY 2026 to $1,410 in FY 2027. Since FY 2023 it has risen 22.6%.

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

County fair market rent New Raymer, CO fair market rent CO statewide rents What is SAFMR?Data sources