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 | $780 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $119,181 | 0.81% | C |
| 3BR | $1,260 | $205,249 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 66075, located in Pleasanton, KS, has a population of 2,497 residents. With 33.7% of the population being renters, this indicates that the area is moderately renter-heavy. The median household income stands at $62,407, which is a key figure when assessing the potential demand for rental properties, especially those catering to Section 8 tenants.
The market rent for the area is $669, which is significantly lower than the Fair Market Rent (FMR) of $1,050 for FY 2024. This suggests that there is a strong potential for a deep voucher demand in ZIP 66075. Given the median income, the typical rent eats up approximately 10.7% of the local income. This is calculated by taking the monthly rent ($669) and dividing it by the annual median income ($62,407), then multiplying by 12 to get a percentage of annual income spent on rent.
Comparing the market rent to the FMR, we see that the $669 market rent is about 64% of the $1,050 FMR. This gap between the market rent and FMR indicates that there are opportunities for landlords to increase rents while still remaining within the voucher limits, potentially attracting more tenants who qualify for Section 8 assistance.
A landlord in ZIP 66075 can expect a tenant profile that includes individuals and families who rely on rental assistance programs. These tenants will likely have a household income below the median, making them eligible for the Section 8 program. The low market rent relative to the FMR means that these tenants should be able to find housing options that fit within their budget, even with the assistance of vouchers.
In conclusion, ZIP 66075 presents itself as an area with moderate renter density and a significant opportunity for Section 8 voucher usage due to the lower market rents compared to the FMR. Landlords should anticipate a tenant pool that heavily utilizes rental assistance, and they can leverage this demand to ensure occupancy and financial stability in their investment properties.
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.