ZIP 66050 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 66050 in the Lawrence, KS MSA FMR area.

Lawrence, KS MSA

$860Efficiency
$9901 bedroom
$1,1402 bedrooms
$1,5803 bedrooms
$1,9004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$961
1 bedroom$990$891$1,089$1,103
2 bedrooms$1,140$1,026$1,254$1,272
3 bedrooms$1,580$1,422$1,738$1,761
4 bedrooms$1,900$1,710$2,090$2,126

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

Topeka, KS MSA

$860Efficiency
$9901 bedroom
$1,1402 bedrooms
$1,5803 bedrooms
$1,9004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$866
1 bedroom$990$891$1,089$913
2 bedrooms$1,140$1,026$1,254$1,172
3 bedrooms$1,580$1,422$1,738$1,564
4 bedrooms$1,900$1,710$2,090$1,586

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

Income in ZIP 66050

$81,123average adjusted gross income per tax return (2022)
$50,343average salaries and wages per return
860tax returns filed
17%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.6%
$25,000 to $50,00022.1%
$50,000 to $75,00015.1%
$75,000 to $100,00012.8%
$100,000 to $200,00017.4%
$200,000 or more7.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 66050?

HUD's FY2027 Small Area FMRs for ZIP 66050 (Lawrence, KS MSA) are $860 efficiency, $990 one bedroom, $1,140 two bedrooms, $1,580 three and $1,900 four bedrooms.

What payment standard can a housing authority set in ZIP 66050?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,026 to $1,254.

How affordable is rent in ZIP 66050?

Tax returns filed from ZIP 66050 reported an average adjusted gross income of $81,123 (2022). A two-bedroom unit at the Small Area FMR costs $13,680 a year, or 17% of that income.