Location: Kansas City, MO | Metro: Kansas City, MO-KS HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,470 |
| 1 Bedroom | $1,600 |
| 2 Bedrooms | $1,810 |
| 3 Bedrooms | $2,370 |
| 4 Bedrooms | $2,840 |
| 5 Bedrooms | $3,294 |
| 6 Bedrooms | $3,689 |
| 7 Bedrooms | $3,984 |
| 8 Bedrooms | $4,183 |
U.S. Census Bureau data (2024)
The ZIP code 64167 is not a renter-heavy area with deep voucher demand. With a population of 243 and only 0.0% of residents identified as renters, it is predominantly a homeowner-dominated area where vouchers are scarce.
The median household income in this ZIP is notably high at $202,917. Given the lack of specific market rent data for this area, we cannot calculate the exact percentage of local income that goes towards rent. However, considering the median income figure, it is reasonable to infer that those who do rent would likely spend a significantly lower proportion of their income on housing costs compared to areas with lower median incomes.
In comparison to the Fair Market Rent (FMR) set at $1470 for fiscal year 2024, the high median income suggests that even tenants utilizing Section 8 vouchers would be financially capable of covering any gap between the voucher amount and the actual market rent, if necessary.
A landlord in ZIP 64167 should expect tenants who are financially stable and able to meet their rental obligations without relying heavily on government assistance. The low percentage of renters implies that finding tenants willing to use Section 8 vouchers could be challenging, but those who do might be more selective about the quality of housing they seek, given the higher income levels in the area.
Data Sources: FMR data from HUD (2027). 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.