Section 8 Fair Market Rent (FMR) for ZIP 66781 - 2027

Location: Crawford County, KS | Metro: Cherokee County, KS HUD Metro FMR Area

Investment Score for ZIP 66781

A+
Monthly Rent (2BR)
$1,270
Median Price (2BR)
$84,023
1% Rule
1.51%
Annual Yield
18.14%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$960
1 Bedroom$970
2 Bedrooms$1,270
3 Bedrooms$1,660
4 Bedrooms$1,670
5 Bedrooms$1,937
6 Bedrooms$2,169
7 Bedrooms$2,343
8 Bedrooms$2,460

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,270 $84,023 1.51% A+
3BR $1,660 $166,317 1% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,183
Median Household Income
$58,400
Housing Units
431
Renter Percentage
22.5%
Occupancy Rate
82.6%
Renter Occupied
80

The Fair Market Rent (FMR) for ZIP code 66781, Weir, Kansas, is set at $1,120 for the fiscal year 2026. This figure represents the maximum amount that a landlord can charge under the Section 8 program, which is designed to help low-income families afford housing. It's important to note that this is the payment standard, meaning it's the cap on what the government will pay towards the rent, not necessarily the rent you should charge.

In comparison, the average rent in Weir, KS, based on Census American Community Survey (ACS) data, is $1,096. This indicates that the FMR is slightly higher than the typical market rate, providing a margin for landlords who might be considering a Section 8 rental. The difference between the FMR and the average rent can be attributed to the fact that Section 8 aims to cover rents in a broader range of housing types and conditions, ensuring that all families have access to safe and decent housing.

The local renter share is 22.5%, which means that approximately one in every four households in Weir, KS, are renters. This suggests a steady demand for rental properties, including those participating in the Section 8 program. With a significant portion of the population renting, there is a reliable pool of potential tenants interested in affordable housing options.

If you're looking to acquire a property in Weir, KS, the median home value is around $120,455. This makes it a relatively affordable area for investment, especially if you're considering entering the Section 8 market. However, it's crucial to understand that while the FMR provides a guideline for rental income, the overall profitability of a Section 8 rental depends on various factors, including maintenance costs and vacancy rates.

Before deciding to become a Section 8 landlord, one critical aspect to verify is the condition of the property. The Housing Quality Standards (HQS) must be met, which includes ensuring that the unit is free from health and safety hazards. This is essential because failing to meet these standards could result in penalties or loss of tenancy.

In conclusion, the FMR of $1,120 offers a clear benchmark for rental income in Weir, KS, under the Section 8 program. Given the local average rent of $1,096, the 22.5% renter share, and the median home value of $120,455, Weir presents a viable opportunity for landlords and small-portfolio investors looking to enter the Section 8 market. Ensuring your property meets the HQS is a key step in preparing to accept Section 8 tenants.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.