ZIP 66046 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 66046 in the Lawrence, KS MSA FMR area.

$890Efficiency
$1,0201 bedroom
$1,1802 bedrooms
$1,6303 bedrooms
$1,9704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$961
1 bedroom$1,020$918$1,122$1,103
2 bedrooms$1,180$1,062$1,298$1,272
3 bedrooms$1,630$1,467$1,793$1,761
4 bedrooms$1,970$1,773$2,167$2,126

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 66046

$59,092average adjusted gross income per tax return (2022)
$44,078average salaries and wages per return
8,800tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00030.8%
$25,000 to $50,00028.2%
$50,000 to $75,00016.4%
$75,000 to $100,0008.8%
$100,000 to $200,00013.0%
$200,000 or more3.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 14.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 66046?

HUD's FY2027 Small Area FMRs for ZIP 66046 (Lawrence, KS MSA) are $890 efficiency, $1,020 one bedroom, $1,180 two bedrooms, $1,630 three and $1,970 four bedrooms.

What payment standard can a housing authority set in ZIP 66046?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,062 to $1,298.

How affordable is rent in ZIP 66046?

Tax returns filed from ZIP 66046 reported an average adjusted gross income of $59,092 (2022). A two-bedroom unit at the Small Area FMR costs $14,160 a year, or 24% of that income.