ZIP 66440 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 66440 in the Topeka, KS MSA FMR area.

$860Efficiency
$9101 bedroom
$1,1702 bedrooms
$1,5603 bedrooms
$1,5804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$866
1 bedroom$910$819$1,001$913
2 bedrooms$1,170$1,053$1,287$1,172
3 bedrooms$1,560$1,404$1,716$1,564
4 bedrooms$1,580$1,422$1,738$1,586

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

Income in ZIP 66440

$74,002average adjusted gross income per tax return (2022)
$55,103average salaries and wages per return
970tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00019.6%
$25,000 to $50,00023.7%
$50,000 to $75,00016.5%
$75,000 to $100,00013.4%
$100,000 to $200,00023.7%
$200,000 or more3.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 66440?

HUD's FY2027 Small Area FMRs for ZIP 66440 (Topeka, KS MSA) are $860 efficiency, $910 one bedroom, $1,170 two bedrooms, $1,560 three and $1,580 four bedrooms.

What payment standard can a housing authority set in ZIP 66440?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,053 to $1,287.

How affordable is rent in ZIP 66440?

Tax returns filed from ZIP 66440 reported an average adjusted gross income of $74,002 (2022). A two-bedroom unit at the Small Area FMR costs $14,040 a year, or 19% of that income.