ZIP 66431 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 66431 in the Topeka, KS MSA FMR area.

$1,170Efficiency
$1,2301 bedroom
$1,5802 bedrooms
$2,1103 bedrooms
$2,1404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,170$1,053$1,287$866
1 bedroom$1,230$1,107$1,353$913
2 bedrooms$1,580$1,422$1,738$1,172
3 bedrooms$2,110$1,899$2,321$1,564
4 bedrooms$2,140$1,926$2,354$1,586

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

Income in ZIP 66431

$58,003average adjusted gross income per tax return (2022)
$42,903average salaries and wages per return
320tax returns filed
33%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.2%
$25,000 to $50,00025.0%
$50,000 to $75,00015.6%
$75,000 to $100,0009.4%
$100,000 to $200,00018.8%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 66431?

HUD's FY2027 Small Area FMRs for ZIP 66431 (Topeka, KS MSA) are $1,170 efficiency, $1,230 one bedroom, $1,580 two bedrooms, $2,110 three and $2,140 four bedrooms.

What payment standard can a housing authority set in ZIP 66431?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,422 to $1,738.

How affordable is rent in ZIP 66431?

Tax returns filed from ZIP 66431 reported an average adjusted gross income of $58,003 (2022). A two-bedroom unit at the Small Area FMR costs $18,960 a year, or 33% of that income.