FY2027 Small Area FMR · Lawrence, KS

ZIP 66047 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 66047 (Lawrence, KS) is $1,340 a month, up 7.2% from FY2026. That is 5% above the Lawrence, KS area-wide FMR of $1,272.

2-bedroom SAFMR$1,340per month ▲ 7.2%

Area-wide 2 BR FMR$1,272Lawrence, KS

Rank in the area4thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,206

2 BR Small Area FMR$1,340

110% of SAFMR$1,474

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,010▲ 6.3%

1 BR$1,160▲ 9.4%

2 BR$1,340▲ 7.2%

3 BR$1,860▲ 6.9%

4 BR$2,240▲ 6.7%

FY2027 FY2026

Where 66047 sits in the Lawrence, KS area

Of the 13 ZIP codes HUD lists for the area, 66047 has the 4th highest two-bedroom Small Area FMR. Lawrence, KS is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,272 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,010	$909 – $1,111	$961	$950
1 bedroom	$1,160	$1,044 – $1,276	$1,103	$1,060
2 bedrooms	$1,340	$1,206 – $1,474	$1,272	$1,250
3 bedrooms	$1,860	$1,674 – $2,046	$1,761	$1,740
4 bedrooms	$2,240	$2,016 – $2,464	$2,126	$2,100

A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $110,400 and the 80% low-income limit for four people is $88,300. ZIP code 66047 lies mainly in Douglas County. See the Lawrence, KS county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
66049	Lawrence	6.0 mi	$1,330
66045	Lawrence	7.0 mi	$1,270
66046	Lawrence	7.4 mi	$1,180
66006	Baldwin City	8.7 mi	$1,080
66050	Lecompton	9.7 mi	$1,140
66524	Overbrook	11.1 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 66047?

HUD's FY2027 Small Area Fair Market Rents for 66047 are $1,010 (studio), $1,160 (1 BR), $1,340 (2 BR), $1,860 (3 BR) and $2,240 (4 BR) a month.

What is the Section 8 payment standard in 66047?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 66047 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 66047?

The FY2026 income limits of the Lawrence, KS area apply: median family income $110,400, low-income (80%) limit $88,300 for a family of four.