Location: Cherokee County, KS | Metro: Cherokee County, 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 | $730 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $70,907 | 1.35% | A |
| 3BR | $1,260 | $149,901 | 0.84% | C |
U.S. Census Bureau data (2024)
14.9% of Scammon, KS residents in ZIP 66773 are renters, a figure that underscores the local demand for rental properties. The $880 Fair Market Rent (FMR) set for the metro area in fiscal year 2026 is significantly higher than the $581 market rent observed in the latest Census ACS data, indicating a potential opportunity for landlords to increase their rental rates. However, it's crucial to note that the median income in the area stands at $50,764, which suggests that many tenants may rely on government assistance programs such as Section 8 to afford housing. The median home value in Scammon, KS is $82,077, reflecting an overall affordable real estate market. Despite the lack of specific data on days on market (DOM) and price-cut share, the disparity between the FMR and the actual market rent points towards a possible inefficiency in the local rental market, where properties may be undervalued relative to what the government deems fair. This gap could be advantageous for landlords who are willing to participate in the Section 8 program, as they can potentially charge closer to the FMR while still attracting tenants. In conclusion, given the higher FMR compared to the current market rent and the significant portion of the population relying on rental assistance, landlords and small-portfolio investors in Scammon, KS should consider participating in the Section 8 program to capitalize on the increased rental rates.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.