Section 8 Fair Market Rent (FMR) for ZIP 66710 - 2027
Location: Wilson County, KS | Metro: Wilson County, KS
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $710 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$49,671
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{"url": "https://repit.org/zip/66710/", "content": "Altoona, KS 66710\n\n### Market Overview\n\n**Median Home Value:** $100,136\n**Median Listing Price:** $725\n**Median Household Income:** $49,671\n**Average Days on Market (DOM):** 46\n**Price Cut Share:** N/A%\n**Section 8 Fair Market Rent (FMR) for FY 2026:** $880\n\n### Investment Strategy\n\nZIP 66710 is best suited as a **cash-flow anchor** within a Section 8 portfolio strategy. The significant spread between the FMR ($880) and the median listing price ($725) provides a consistent positive cash flow. Additionally, the median home value of $100,136 indicates that properties in this area are relatively affordable, making it easier to acquire units for a portfolio. The 12.9% renter share suggests a moderate demand for rental properties, which aligns well with the Section 8 program. Although the price cut share is not available, the DOM figure of 46 days shows that properties are moving at a reasonable pace, indicating a balanced market. The median income of $49,671 is stable but not high enough to support significant appreciation plays, thus reinforcing its role as a cash-flow anchor.\n\n### Rental Market\n\nWith a median listing price significantly below the FMR, landlords can expect steady rental income from Section 8 tenants. The moderate renter share ensures a stable tenant pool, reducing the risk of vacancies. The lack of data on price cuts does not detract from the overall stability of the market, as the DOM figure suggests that homes are being sold within a reasonable timeframe.\n\n### Summary\n\nZIP 66710 is an excellent choice for a cash-flow anchor in a Section 8 portfolio. Its low median listing price, coupled with the higher FMR, ensures a reliable income stream. The stable median income and moderate renter share contribute to a predictable and manageable investment environment. Landlords and small-portfolio investors should consider this area for its potential to provide consistent returns without the volatility associated with appreciation plays."}
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.