Section 8 Fair Market Rent (FMR) for ZIP 64146 - 2027

Location: Kansas City, MO | Metro: Kansas City, MO-KS HUD Metro FMR Area

Investment Score for ZIP 64146

C
Monthly Rent (2BR)
$2,130
Median Price (2BR)
$219,516
1% Rule
0.97%
Annual Yield
11.64%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,730
1 Bedroom$1,880
2 Bedrooms$2,130
3 Bedrooms$2,780
4 Bedrooms$3,330
5 Bedrooms$3,863
6 Bedrooms$4,327
7 Bedrooms$4,673
8 Bedrooms$4,907

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $2,130 $219,516 0.97% C
3BR $2,780 $316,030 0.88% C
4BR $3,330 $377,620 0.88% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,278
Median Household Income
$66,481
Housing Units
816
Renter Percentage
18.9%
Occupancy Rate
91.5%
Renter Occupied
141

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.