Location: Brown County, KS | Metro: Brown County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $970 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
U.S. Census Bureau data (2024)
The ZIP code 66527 presents a market in motion, characterized by the Fixed Monthly Rent (FMR) set at $1,140 for fiscal year 2026. This figure is significant as it reflects the federal government's assessment of rental costs in the area, indicating a stable but upward trend in expected rents. Despite the lack of current market rent data, the FMR serves as a benchmark for understanding the rental landscape.
The absence of recent market rent data, price-cut share, and days on market (DOM) suggests that there might be limited turnover or activity in the rental sector, which could imply either a balanced market or one where data collection is less robust. However, the 28.2% renter share highlights a substantial portion of the population that relies on renting, which can indicate ongoing housing pressure. In markets where a significant percentage of residents are renters, it often points to affordability issues or lifestyle choices that favor renting over buying, leading to persistent demand for rental properties.
A high renter share can also signal a dynamic where supply might struggle to keep pace with demand, especially if the median home value is not high enough to deter potential buyers. While the median home value is currently unavailable, the existing data suggest that the rental market is likely experiencing steady demand, potentially due to a combination of factors including job availability, student populations, or a transient workforce.
In conclusion, ZIP 66527 appears to be a market driven by consistent rental demand, with a notable proportion of renters indicating long-term housing pressure. The FMR provides insight into the expected cost structure, while the lack of other metrics leaves room for further investigation into the local real estate dynamics. Landlords and small-portfolio investors should consider these elements when assessing the potential for rental income and property appreciation in this area.
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.