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 | $1,100 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,760 |
| 4 Bedrooms | $2,110 |
| 5 Bedrooms | $2,448 |
| 6 Bedrooms | $2,742 |
| 7 Bedrooms | $2,961 |
| 8 Bedrooms | $3,109 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,350 | $257,484 | 0.52% | F |
| 3BR | $1,760 | $353,210 | 0.5% | F |
| 4BR | $2,110 | $481,347 | 0.44% | F |
U.S. Census Bureau data (2024)
The ZIP code 64098, located in Weston, Missouri, presents a mixed landscape for landlords considering Section 8 tenants. With a population of 3,311, only 18.4% of residents are renters, indicating that this area is predominantly a homeowner-dominated region rather than a renter-heavy ZIP. The median household income stands at $92,661, which places the typical rent of $887 at approximately 10.7% of the average local income. This ratio suggests that rent is relatively affordable for most residents.
Comparing the market rent to the Fair Market Rent (FMR) set at $1180 for FY 2024, it's evident that the market rent in ZIP 64098 is below the FMR threshold. This means that landlords accepting Section 8 vouchers can potentially receive higher rental payments than the current market rate, making it financially viable to participate in the program.
Landlords in this area should expect a tenant profile that includes individuals and families who benefit from government assistance due to lower income levels. Given the income disparity, these tenants likely require the support of Section 8 vouchers to afford housing. However, the overall number of such tenants is limited by the low percentage of renters in the area.
To summarize, while ZIP 64098 isn't heavily populated with renters, those who do rent are supported by a robust voucher system that can cover up to $1180 in rent. Landlords should prepare for a niche market of tenants who rely on financial aid, but they can secure stable rental income above the current market rate by participating in the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.