Location: Kansas City, MO | Metro: Kansas City, MO-KS HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,410 |
| 1 Bedroom | $1,540 |
| 2 Bedrooms | $1,740 |
| 3 Bedrooms | $2,270 |
| 4 Bedrooms | $2,720 |
| 5 Bedrooms | $3,155 |
| 6 Bedrooms | $3,534 |
| 7 Bedrooms | $3,817 |
| 8 Bedrooms | $4,008 |
The economics of Section 8 housing in ZIP code 66250, located in Kansas City County, Missouri, can be quite straightforward once you understand how the payments work. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code is set at $1430 per month for fiscal year 2024.
Section 8 vouchers are designed to cover the difference between what a low-income tenant can afford and the SAFMR. Typically, tenants contribute 30% of their adjusted income towards rent. For example, if a tenant has an adjusted monthly income of $1000, they would pay $300 towards rent. This figure is fixed regardless of the actual market rent, which is currently unavailable for this specific ZIP code.
The voucher then covers the remainder of the SAFMR up to $1430. In our example, the voucher would pay the landlord $1130 ($1430 - $300). Additionally, there are utility allowances that can vary but generally do not exceed $300 per month. These allowances are intended to help cover electricity, gas, water, and sewer costs, and they are paid directly to the landlord.
In summary, for a two-bedroom apartment in ZIP 66250, the landlord can expect to receive a total of up to $1730 per month from the voucher program ($1430 for rent plus up to $300 for utilities). However, the exact amount will depend on the tenant's income and the specific utility allowance allocated for that unit.
Given that the SAFMR is $1430 and the local market rent is not available, it's impossible to calculate the precise reimbursement gap or surplus. If the local market rent were higher than $1430, the landlord would face a gap; conversely, if it were lower, the landlord would have a surplus. Landlords should monitor local rental rates to determine the potential impact on their income.
Data Sources: FMR data from HUD (2027).
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.