Location: Wichita, KS | Metro: Wichita, 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 | $1,070 |
| 1 Bedroom | $1,130 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,890 |
| 4 Bedrooms | $2,350 |
| 5 Bedrooms | $2,726 |
| 6 Bedrooms | $3,053 |
| 7 Bedrooms | $3,297 |
| 8 Bedrooms | $3,462 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,430 | $253,814 | 0.56% | F |
| 3BR | $1,890 | $277,950 | 0.68% | D |
| 4BR | $2,350 | $318,551 | 0.74% | D |
| 5BR | $2,726 | $408,178 | 0.67% | D |
U.S. Census Bureau data (2024)
1090 is the Fair Market Rent (FMR) for ZIP 67101, Maize, KS, in fiscal year 2024, setting a clear benchmark for rental properties in the area. 1149 is the market rent, or ZORI, indicating that properties are slightly above the government's fair market assessment. With a median home value of 311430, it's evident that homeownership remains a significant investment opportunity. The renter share stands at 47.7%, suggesting a balanced market where both renters and owners are present. However, the median income of 73438 might pose challenges for some tenants looking to afford homes near the median value. The absence of day DOM data implies that property listings are either selling quickly or not moving at all, without specific insights on average days on market. A price-cut share of 0.1% reveals that very few sellers are willing to reduce their asking prices, maintaining a strong seller's market. Based on these figures, landlords and small-portfolio investors should focus on properties priced close to the FMR to attract tenants eligible for Section 8 subsidies. The verdict for Section 8 in Maize, KS, is positive, given the alignment between market rents and FMRs.
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.