ZIP 66427 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 66427 in the Manhattan, KS FMR area.

Manhattan, KS

$790Efficiency

$7901 bedroom

$9702 bedrooms

$1,3403 bedrooms

$1,6204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$790	$711	$869	$859
1 bedroom	$790	$711	$869	$924
2 bedrooms	$970	$873	$1,067	$1,107
3 bedrooms	$1,340	$1,206	$1,474	$1,533
4 bedrooms	$1,620	$1,458	$1,782	$1,850

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

Marshall County, KS

$790Efficiency

$7901 bedroom

$9702 bedrooms

$1,3403 bedrooms

$1,6204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$790	$711	$869	$707
1 bedroom	$790	$711	$869	$735
2 bedrooms	$970	$873	$1,067	$961
3 bedrooms	$1,340	$1,206	$1,474	$1,145
4 bedrooms	$1,620	$1,458	$1,782	$1,606

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

Income in ZIP 66427

$87,523average adjusted gross income per tax return (2022)

$43,758average salaries and wages per return

600tax returns filed

13%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	21.7%
$25,000 to $50,000	21.7%
$50,000 to $75,000	16.7%
$75,000 to $100,000	13.3%
$100,000 to $200,000	20.0%
$200,000 or more	6.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 66427?

HUD's FY2027 Small Area FMRs for ZIP 66427 (Manhattan, KS) are $790 efficiency, $790 one bedroom, $970 two bedrooms, $1,340 three and $1,620 four bedrooms.

What payment standard can a housing authority set in ZIP 66427?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $873 to $1,067.

How affordable is rent in ZIP 66427?

Tax returns filed from ZIP 66427 reported an average adjusted gross income of $87,523 (2022). A two-bedroom unit at the Small Area FMR costs $11,640 a year, or 13% of that income.