HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Sherman County, Kansas (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Sherman County is $932 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$932
FY 2026, utilities included
Payment standard range
$839 to $1,025
90% to 110% of FMR
Income to afford 2BR
$37,280
per year, at 30% of income
Rank in Kansas
34th of 105
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Sherman moves to $1,021. That's up 10%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Sherman actually rent for?
Search any address in Sherman for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $683 | $615 to $751 | $27,320 | $13.13/hr | +4.6% |
| 1 bedroom | $710 | $639 to $781 | $28,400 | $13.65/hr | +2.3% |
| 2 bedroom | $932 | $839 to $1,025 | $37,280 | $17.92/hr | +2.4% |
| 3 bedroom | $1,117 | $1,005 to $1,229 | $44,680 | $21.48/hr | +1.9% |
| 4 bedroom | $1,356 | $1,220 to $1,492 | $54,240 | $26.08/hr | +3.9% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,559 | $1,403 to $1,715 |
| 6 bedroom Estimate | $1,763 | $1,587 to $1,939 |
| 7 bedroom Estimate | $1,966 | $1,769 to $2,163 |
| 8 bedroom Estimate | $2,170 | $1,953 to $2,387 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Sherman, that runs from $683 for a studio up to $1,356 for four bedrooms, all five rates in the table above.
Because Sherman sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Edson included.
Among Kansas's 105 counties, Sherman ranks 34th for two-bedroom FMR. That's about 6% above the state median of $877 and about 8% below the national median county at $1,018. About 5,940 people live here, 58th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $930 in 67735 (Goodland) and $990 in 67741 (Kanorado), with the 3 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Sherman somewhere between $839 and $1,025. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$932 a month is affordable, by HUD's 30% rule, on an income of roughly $37,280 a year. Put another way, $18 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($839) | HAP at 100% ($932) | HAP at 110% ($1,025) |
|---|---|---|---|---|
| $2,500 | $750 | $89 | $182 | $275 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 2% from FY 2025 ($910) to FY 2026 ($932). Since FY 2020 it's up 22% in total, about 3.4% a year. The Kansas median moved up 1% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $558 | $578 | $761 | $948 | $1,031 | — |
| FY 2021 | $593 | $595 | $784 | $975 | $1,138 | +3.0% |
| FY 2022 | $625 | $629 | $828 | $1,024 | $1,188 | +5.6% |
| FY 2023 | $656 | $672 | $885 | $1,077 | $1,254 | +6.9% |
| FY 2024 | $687 | $728 | $957 | $1,157 | $1,350 | +8.1% |
| FY 2025 | $653 | $694 | $910 | $1,096 | $1,305 | -4.9% |
| FY 2026 | $683 | $710 | $932 | $1,117 | $1,356 | +2.4% |
| FY 2027 | $751 | $938 | $1,021 | $1,217 | $1,506 | +9.5% |
Nearby counties
Questions people ask
$932 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $683 for a studio, $710 for one bedroom, $1,117 for three and $1,356 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Sherman actually go for?
HUD's number is one input. Search any address in Sherman for a rent estimate built from nearby comps. 3 free searches, no card.
Free tier. No credit card.