Location: Johnson County, MO | Metro: Henry County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
ZIP code 64726 stands out due to its unique demographic and economic characteristics. With only 278 residents, it has a very low population density. Despite this, 12.1% of the residents rent their homes, indicating a niche rental market. The median income in this ZIP code is $54,205, which is relatively modest compared to the median home value of $332,393. This suggests that homeownership is more expensive relative to income levels.
The voucher economics in ZIP 64726 are centered around the Fair Market Rent (FMR) of $900 for the metro area in fiscal year 2026. However, there is no specific market rent data available, making it challenging to assess the exact impact of vouchers on local rental rates. Given the limited number of renters, the presence of Section 8 vouchers could significantly influence the rental market dynamics.
Based on the data signature, ZIP 64726 appears to be a stable community with a well-defined economic profile. The high median home value relative to income indicates a potentially affluent neighborhood, though the small size and low rental rate suggest a limited rental market. Landlords and small-portfolio investors should consider the potential for vouchers to support tenants who might otherwise struggle to afford the local rental prices.
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.