Location: Johnson County, MO | Metro: Johnson County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,010 |
| 1 Bedroom | $1,140 |
| 2 Bedrooms | $1,370 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,290 |
| 5 Bedrooms | $2,656 |
| 6 Bedrooms | $2,975 |
| 7 Bedrooms | $3,213 |
| 8 Bedrooms | $3,374 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 65305, located within the Johnson County, MO metro area, reveals several key points. The HUD Fair Market Rent (FMR) for the region is set at $1,260 for fiscal year 2026. This figure is slightly below the market rent of $1,306 as reported by the Census American Community Survey (ACS).
Voucher tenants in this area will cashflow marginally at the HUD FMR rate. While the FMR is close to the market rent, it does not fully cover the cost, indicating that landlords may need to rely on premium units or slight adjustments to their pricing strategies to ensure profitability.
The median home value is listed as N/A, which suggests that there is limited data available for deriving a precise rent-to-price ratio. However, given the relatively low FMR compared to the market rent, it implies that rental properties might be more attractive to investors than purchasing homes in this area. The lack of detailed data on median days on market (DOM) and the percentage of price cuts also indicates that the buy-versus-rent dynamics are less defined here, but the rental market appears stable and slightly favorable.
The strongest investor angle in ZIP 65305 is stability. With a consistent demand for rental properties and a reliable, though modest, cashflow potential, investors can expect steady returns without the volatility often associated with fluctuating home values or rental rates.
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.