Section 8 Fair Market Rent (FMR) for ZIP 66683 - 2027

FY 2027 Fair Market Rent Rates

The analysis of ZIP 66683 (Unknown, KS) reveals limited market data, which makes it challenging to provide a comprehensive classification on yield and stability. However, based on the Fair Market Rent (FMR) data for FY 2024, which is set at $980, we can infer some aspects.

On the yield axis, the FMR figure indicates that the average rent for a unit in this ZIP code should be around $980. This suggests a moderate rental income potential. The lack of specific market and home value data complicates a precise yield assessment, but given the FMR, landlords can expect a consistent rental income without extraordinary gains.

Regarding stability, the absence of percentage of renters, days on market (DOM), and median income figures makes it difficult to gauge the reliability of cash flow. The Zillow and Trulia searches show a low number of homes for sale and rentals, indicating a relatively stable residential environment. However, the exact metrics needed to determine stability are not available in the current search results.

In summary, ZIP 66683 appears to be neither a high-yield/low-stability flip-style market nor a steady-cashflow zone. It falls somewhere in between, offering moderate rental yields without the volatility that typically characterizes high-turnover markets. Landlords and small-portfolio investors should proceed with caution, as the scarcity of detailed data points to a less dynamic market. Relying on the FMR as a benchmark for rental pricing is advisable until more comprehensive data becomes available.

Data Sources: FMR data from HUD (2027).

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.