ZIP 67031 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 67031 in the Wichita, KS FMR area.

Wichita, KS

$810Efficiency
$8901 bedroom
$1,1602 bedrooms
$1,4203 bedrooms
$1,5304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$810$729$891$778
1 bedroom$890$801$979$823
2 bedrooms$1,160$1,044$1,276$1,043
3 bedrooms$1,420$1,278$1,562$1,382
4 bedrooms$1,530$1,377$1,683$1,712

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

Sumner County, KS

$810Efficiency
$8901 bedroom
$1,1602 bedrooms
$1,4203 bedrooms
$1,5304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$810$729$891$728
1 bedroom$890$801$979$800
2 bedrooms$1,160$1,044$1,276$1,046
3 bedrooms$1,420$1,278$1,562$1,277
4 bedrooms$1,530$1,377$1,683$1,375

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

Income in ZIP 67031

$69,893average adjusted gross income per tax return (2022)
$50,321average salaries and wages per return
970tax returns filed
20%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.7%
$25,000 to $50,00021.6%
$50,000 to $75,00017.5%
$75,000 to $100,00012.4%
$100,000 to $200,00019.6%
$200,000 or more4.1%

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 67031?

HUD's FY2027 Small Area FMRs for ZIP 67031 (Wichita, KS) are $810 efficiency, $890 one bedroom, $1,160 two bedrooms, $1,420 three and $1,530 four bedrooms.

What payment standard can a housing authority set in ZIP 67031?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,044 to $1,276.

How affordable is rent in ZIP 67031?

Tax returns filed from ZIP 67031 reported an average adjusted gross income of $69,893 (2022). A two-bedroom unit at the Small Area FMR costs $13,920 a year, or 20% of that income.