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 | $1,380 |
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,210 |
| 4 Bedrooms | $2,650 |
| 5 Bedrooms | $3,074 |
| 6 Bedrooms | $3,443 |
| 7 Bedrooms | $3,718 |
| 8 Bedrooms | $3,904 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,210 | $501,992 | 0.44% | F |
| 4BR | $2,650 | $706,669 | 0.37% | F |
| 5BR | $3,074 | $857,511 | 0.36% | F |
U.S. Census Bureau data (2024)
The rent math for ZIP 66013 in the Kansas City, MO-KS HUD Metro FMR Area is uncertain due to a lack of market rent data. However, the Fair Market Rent (FMR) set at $1460 for the fiscal year 2024 provides a benchmark for rental properties in the area.
Acquisition in ZIP 66013 is moderately affordable, given the median home value stands at $706,790. Without specific data on days on market (DOM) and the percentage of homes that require price cuts, it's challenging to provide a detailed analysis of the current housing market conditions. Nonetheless, the median home value suggests that property acquisition is within reach for investors willing to invest in a higher-value neighborhood.
Tenant demand in ZIP 66013 is relatively low, considering the total population is 2,735 and only 6.8% of the residents are renters. This indicates a limited pool of potential tenants, which could impact the ability to lease out properties quickly and maintain high occupancy rates.
Based on the available data, ZIP 66013 presents a mixed opportunity for landlords and small-portfolio investors. While the Fair Market Rent offers a solid guideline for setting rental prices, the absence of precise market rent data introduces an element of uncertainty. The median home value makes property acquisition feasible but highlights a premium market. Most notably, the low renter share poses a significant challenge, suggesting that attracting and retaining tenants might be difficult. Therefore, prospective investors should approach this ZIP code with caution, focusing on areas where the renter population is concentrated and ensuring that their rental offerings are competitive and attractive within the context of the local market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.