Location: Kansas City, MO | Metro: Kansas City, MO-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 | $1,260 |
| 1 Bedroom | $1,370 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $2,030 |
| 4 Bedrooms | $2,430 |
| 5 Bedrooms | $2,819 |
| 6 Bedrooms | $3,157 |
| 7 Bedrooms | $3,410 |
| 8 Bedrooms | $3,581 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,550 | $208,467 | 0.74% | D |
| 3BR | $2,030 | $249,394 | 0.81% | C |
| 4BR | $2,430 | $328,997 | 0.74% | D |
U.S. Census Bureau data (2024)
To integrate ZIP 64058 into a Section 8 portfolio strategy, consider it as a cash-flow anchor. The Fair Market Rent (FMR) for ZIP 64058 in fiscal year 2024 is set at $1280, while the market rent stands at $1369. This means that landlords participating in the Section 8 program can expect a slight reduction in rental income compared to the market rate, but still maintain a strong cash flow position.
The median home value in ZIP 64058 is $251,933. Given that the FMR is lower than the market rent, the difference can be seen as a manageable spread, making it a reliable component for cash flow generation within a portfolio. Landlords should note that the guaranteed rent through the Section 8 program can provide stability and predictability in an otherwise volatile rental market.
ZIP 64058 does not present itself as an appreciation play due to the lack of specific data on price-cut shares and days on market (DOM). Without these metrics, it's difficult to assess whether there is significant growth potential in property values or rental rates that could justify holding properties for long-term capital gains.
However, the ZIP code does offer some diversification benefits. With a 20.6% renter share, there is a notable portion of the population that relies on rental housing. Additionally, the median income of $82,192 suggests a stable economic base, which can support consistent demand for rental properties. This diversification can help mitigate risks associated with over-reliance on any single type of investment within a portfolio.
In summary, ZIP 64058 serves best as a cash-flow anchor in a Section 8 portfolio strategy. The modest spread between FMR and market rent ensures steady income, while the presence of a substantial renter share and median income supports sustained demand. These factors combine to create a solid foundation for generating predictable returns.
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.