ZIP 67120 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 67120 in the Wichita, KS FMR area.

Wichita, KS

$760Efficiency
$8201 bedroom
$1,0602 bedrooms
$1,3403 bedrooms
$1,5504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$760$684$836$778
1 bedroom$820$738$902$823
2 bedrooms$1,060$954$1,166$1,043
3 bedrooms$1,340$1,206$1,474$1,382
4 bedrooms$1,550$1,395$1,705$1,712

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

Sumner County, KS

$760Efficiency
$8201 bedroom
$1,0602 bedrooms
$1,3403 bedrooms
$1,5504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$760$684$836$728
1 bedroom$820$738$902$800
2 bedrooms$1,060$954$1,166$1,046
3 bedrooms$1,340$1,206$1,474$1,277
4 bedrooms$1,550$1,395$1,705$1,375

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

Income in ZIP 67120

$76,743average adjusted gross income per tax return (2022)
$52,136average salaries and wages per return
700tax returns filed
17%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00022.9%
$25,000 to $50,00020.0%
$50,000 to $75,00014.3%
$75,000 to $100,00014.3%
$100,000 to $200,00022.9%
$200,000 or more5.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 67120?

HUD's FY2027 Small Area FMRs for ZIP 67120 (Wichita, KS) are $760 efficiency, $820 one bedroom, $1,060 two bedrooms, $1,340 three and $1,550 four bedrooms.

What payment standard can a housing authority set in ZIP 67120?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $954 to $1,166.

How affordable is rent in ZIP 67120?

Tax returns filed from ZIP 67120 reported an average adjusted gross income of $76,743 (2022). A two-bedroom unit at the Small Area FMR costs $12,720 a year, or 17% of that income.