Riley County, KS: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,1072-bedroom FMR, FY2027

$9241-bedroom FMR, FY2027

$79,20080% income limit, family of 4 (FY2026)

$112,000Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Riley County is $1,107 a month, up 3.7% from $1,068 in FY2026. Riley County belongs to the Manhattan, KS HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Riley County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$859	$870	−1.3%	$774 – $944
1 bedroom	$924	$875	+5.6%	$832 – $1,016
2 bedrooms	$1,107	$1,068	+3.7%	$997 – $1,217
3 bedrooms	$1,533	$1,485	+3.2%	$1,380 – $1,686
4 bedrooms	$1,850	$1,792	+3.2%	$1,665 – $2,035

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Riley County that is typically $997 to $1,217 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$42,207median income of renter households

$1,046Median gross rent, all units

30%Rent-to-income ratio (median rent ÷ median renter income)

51%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $42,207 can afford about $1,055 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,107 is $52 (4.9%) more than that. To rent a two-bedroom at the FMR, a household needs $44,280 a year under the 30% rule, or $39,852 under the common landlord rule that income must be three times the rent.

Riley County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,046 ±$38
Median income of renter households	$42,207 ±$3,937
Renters paying 30% or more of income (cost-burdened)	50.8% ±4.5
Renters paying 50% or more (severely cost-burdened)	26.4% ±3.3
Renter households (where the share can be computed)	14,079

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$946	$1,046	+10.6%
Median renter household income	$35,317	$42,207	+19.5%
Renters paying 30%+ of income	54.3%	50.8%	−3.5 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $970 to $1,440 depending on the ZIP code.

All 25 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
66407	$1,100	$1,180	$1,440	$1,970	$2,310
66411	$960	$990	$1,300	$1,550	$2,170
66422	$810	$870	$1,050	$1,450	$1,730
66427	$790	$790	$970	$1,340	$1,620
66432	$790	$790	$970	$1,340	$1,620
66442	$1,070	$1,160	$1,370	$1,890	$2,290
66449	$790	$810	$970	$1,340	$1,620
66502	$840	$900	$1,080	$1,500	$1,810
66503	$990	$1,060	$1,270	$1,760	$2,120
66505	$860	$930	$1,110	$1,540	$1,860
66506	$840	$900	$1,080	$1,500	$1,810
66517	$980	$1,050	$1,260	$1,740	$2,110
66520	$790	$800	$970	$1,340	$1,620
66521	$790	$800	$970	$1,340	$1,620
66531	$990	$1,060	$1,270	$1,760	$2,120
66535	$820	$880	$1,050	$1,450	$1,760
66536	$790	$800	$970	$1,340	$1,620
66540	$790	$790	$990	$1,340	$1,620
66547	$810	$870	$1,040	$1,440	$1,730
66548	$790	$790	$1,020	$1,340	$1,680
66549	$790	$820	$980	$1,360	$1,640
66554	$840	$900	$1,080	$1,500	$1,810
66933	$930	$940	$1,160	$1,600	$1,650
67432	$830	$860	$1,130	$1,480	$1,620
67447	$810	$840	$1,060	$1,430	$1,620

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Riley County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $112,000 (FY2025: $90,000, +24.4%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$20,800 +10.1%	$23,800 +10.2%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$34,650 +10.0%	$39,600 +10.0%	$44,550 +10.0%	$49,500 +10.0%	$53,450 +10.0%	$57,400 +10.0%	$61,350 +9.9%	$65,300 +9.9%
Low income (80%)	$55,400 +9.9%	$63,350 +10.0%	$71,250 +10.0%	$79,200 +10.0%	$85,550 +10.0%	$91,900 +10.0%	$98,200 +10.0%	$104,550 +10.0%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.