Location: Wilson County, KS | Metro: Wilson County, KS
| 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 |
U.S. Census Bureau data (2024)
The ZIP code 66714 presents a unique scenario for real estate investment, particularly for those interested in Section 8 properties. With a Fair Market Rent (FMR) of $880 for the fiscal year 2026, this area has a defined government rental subsidy rate, but lacks specific market rental price and home value data, which complicates a full yield analysis.
On the stability axis, the data is also incomplete. The ZIP code has 12.7% of residents relying on rental assistance through Section 8 vouchers, indicating a significant portion of the rental market is subsidized. However, the absence of days on market (DOM) data suggests that the local real estate turnover rate is unclear, making it difficult to assess the liquidity of the market. The median household income stands at $47,361, which is a key figure for understanding the economic base supporting rental demand.
To classify 66714, we must consider the available data points. Given the FMR of $880 and the lack of market rental rates or home values, the potential yield is somewhat predictable due to the guaranteed government payment. This makes it a safer bet for investors seeking stable cash flow rather than high-risk, high-reward flips.
The stability factor leans towards moderate risk. While the median income provides some economic grounding, the high percentage of Section 8 tenants (12.7%) introduces a dependency on government funding. This could be seen as a stabilizing force if the government continues to fund the program adequately, but it also poses a risk if there were to be changes in policy or funding levels.
In summary, ZIP 66714 appears to be a steady-cashflow zone rather than a high-yield/low-stability market. The predictability of rental income through the Section 8 program balances against the moderate economic stability of the area. For landlords and small-portfolio investors looking for consistent returns without the volatility associated with non-subsidized markets, this ZIP code offers a reliable option.
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.