Location: Lawrence, KS | Metro: Kansas City, MO-KS HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,180 |
| 1 Bedroom | $1,360 |
| 2 Bedrooms | $1,560 |
| 3 Bedrooms | $2,160 |
| 4 Bedrooms | $2,610 |
| 5 Bedrooms | $3,028 |
| 6 Bedrooms | $3,391 |
| 7 Bedrooms | $3,662 |
| 8 Bedrooms | $3,845 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,560 | $230,325 | 0.68% | D |
| 3BR | $2,160 | $324,472 | 0.67% | D |
| 4BR | $2,610 | $402,316 | 0.65% | D |
| 5BR | $3,028 | $511,315 | 0.59% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 66025, Eudora, Kansas, is set at $1280 for fiscal year 2024. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program, which means that the maximum amount a tenant with a voucher can pay towards rent in this area is capped at this level. It's important to note that this is not your actual rent; it's the limit on what the government will subsidize.
To put this into perspective, the average rent for the same area, according to the Census Bureau's American Community Survey, is around $1,215. This suggests that the FMR is slightly higher than the typical market rate, which could be beneficial for landlords who are looking to cover their costs without losing out on potential tenants.
In ZIP 66025, about 23.8% of residents are renters. This indicates a steady demand for rental properties, especially those that are affordable. If you're considering adding a Section 8 property to your portfolio, this percentage shows that there are enough tenants interested in renting, making it a viable option.
The median home value in this ZIP code is approximately $331,888. This figure can help you understand the potential cost of acquiring a property. While this might seem high, remember that Section 8 provides a guaranteed source of income through monthly rental assistance payments, which can offset some of the initial investment risks.
Before deciding to participate in the Section 8 program, verify that your property meets all the necessary requirements for the Housing Quality Standards (HQS). These standards ensure that the property is safe and livable for tenants, and failing to meet them can result in penalties or disqualification from the program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.