Location: Wilson County, KS | Metro: Labette County, KS
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 | $1,140 |
| 1 Bedroom | $1,160 |
| 2 Bedrooms | $1,410 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,850 | $194,699 | 0.95% | C |
U.S. Census Bureau data (2024)
The ZIP code 66776 stands out within its county due to several key characteristics. With a population of 1,524 residents, it has a relatively low rental rate at 12.0%, indicating that most residents own their homes. The median income in this area is $57,304, which is moderate compared to other regions. Notably, the median home value is significantly higher at $181,023, reflecting the strong homeownership trend and the overall affluence of the community.
When it comes to Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,300. This figure contrasts sharply with the current market rent of $1,006, based on Census ACS data. Landlords and small-portfolio investors should take note of this discrepancy as it suggests that tenants with Section 8 vouchers can afford to pay more than the typical market rate, potentially increasing the attractiveness of rental properties in this ZIP code.
The data signature for ZIP 66776 reads as stable. The high median home value and low rental rate indicate a community where homeownership is the dominant housing choice. Additionally, the modest median income coupled with the relatively high FMR for Section 8 suggests a balanced market where voucher holders can find suitable accommodation without overburdening the local rental supply. For investors considering the introduction of rental units into this ZIP code, the stability of the data points towards a predictable and consistent investment environment.
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.