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 | $1,300 |
| 1 Bedroom | $1,410 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $2,090 |
| 4 Bedrooms | $2,500 |
| 5 Bedrooms | $2,900 |
| 6 Bedrooms | $3,248 |
| 7 Bedrooms | $3,508 |
| 8 Bedrooms | $3,683 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,600 | $241,888 | 0.66% | D |
| 3BR | $2,090 | $319,485 | 0.65% | D |
| 4BR | $2,500 | $582,411 | 0.43% | F |
| 5BR | $2,900 | $714,204 | 0.41% | F |
U.S. Census Bureau data (2024)
ZIP code 64152 in Platte County, Missouri, stands out due to its relatively low rental rate compared to the market average, making it an attractive area for landlords and small-portfolio investors. With a population of 31,545 residents, only 17.7% are renters, indicating a predominantly owner-occupied community. The median income in this ZIP is $114,688, which is higher than the national average, suggesting a financially stable neighborhood. The median home value is $425,467, reflecting the overall economic health and desirability of the area.
The key economic indicator for Section 8 landlords is the Fair Market Rent (FMR), which for ZIP 64152 in fiscal year 2024 is set at $1,300. This is notably lower than the market rent, as indicated by the Zillow Rent Index (ZORI) at $1,814. This discrepancy means that landlords can expect to receive a subsidy of approximately $514 per unit, which can significantly enhance profitability for those willing to accept Section 8 vouchers. The subsidy helps bridge the gap between the government-set rental rates and the actual market rates, making it feasible for tenants to afford decent housing.
Given the data signature, ZIP 64152 appears to be a stable market with a strong economic foundation. The high median income and home values suggest that the area is well-established and unlikely to experience rapid changes in its economic profile. While the rental percentage is low, the presence of Section 8 vouchers provides a consistent source of tenants, ensuring steady demand and occupancy rates. For landlords and small-portfolio investors, this ZIP code offers a reliable investment opportunity with clear financial benefits.
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.