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 | $1,220 |
| 1 Bedroom | $1,330 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,960 |
| 4 Bedrooms | $2,350 |
| 5 Bedrooms | $2,726 |
| 6 Bedrooms | $3,053 |
| 7 Bedrooms | $3,297 |
| 8 Bedrooms | $3,462 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,500 | $189,972 | 0.79% | D |
| 3BR | $1,960 | $273,599 | 0.72% | D |
| 4BR | $2,350 | $371,154 | 0.63% | D |
| 5BR | $2,726 | $453,158 | 0.6% | D |
U.S. Census Bureau data (2024)
The ZIP code 66043, located in Lansing, Kansas, stands out within Leavenworth County due to its unique demographic and economic characteristics. With a population of 11,056 residents, it has a rental rate of 21.7%, indicating that just over one-fifth of the households rent their homes. The median income here is $103,060, reflecting a relatively affluent community compared to national averages. Additionally, the median home value of $322,505 suggests a stable housing market where property values are higher than many other areas.
Moving into the specifics of Section 8 housing, the Fair Market Rent (FMR) for ZIP 66043 for fiscal year 2024 is set at $1,360, which is notably lower than the market rent, estimated at $2,200 (ZORI). This disparity means that landlords who accept Section 8 vouchers will be receiving less than half of the market rent for comparable properties. As such, they must carefully consider the financial implications and potential benefits of participating in the program, such as reduced vacancy rates and a steady stream of rental income.
Based on the data signature of ZIP 66043, the area can be classified as stable. The median income and home values indicate a consistent economic environment, while the rental rate suggests a modest but steady demand for rental housing. Landlords and small-portfolio investors should weigh the lower FMR against the overall stability of the region when deciding whether to participate in the Section 8 program.
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.