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RentData.org Logo Wallace County Fair Market Rent FY 2014 Wallace County, KS Rental Data

Fair Market Rent Prices in Wallace County, KS :
$404 $462 $622 $775 $904
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Wallace County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Wallace County is $622 per month.

The previous year, rent for a two-bedroom home was $577 per month. This is a 7.8% increase year-over-year.

This FMR rate applies to Weskan, KS, Sharon Springs, KS and other cities within the region. The Metro Code or CBSA code for this region is NCNTY20199N20199.

Additionally, This Fair Market Rent (FMR) area Wallace County, KS spans one county or city in which is listed in the table below. Estimated population of Wallace County, KS FMR area is 1,485 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Wallace County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Wallace County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 404
1-BR 1-Bedroom $ 462
2-BR 2-Bedroom $ 622
3-BR 3-Bedroom $ 775
4-BR 4-Bedroom $ 904
Change Year:

There is just one county (listed below) within the Wallace County, KS FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Wichita - Hutchinson Plus.

County / Region Est. Population
Wallace County, KS 1,485
Zip Codes in Wallace County, KS

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

67758 and 67762

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