Section 8 Fair Market Rent (FMR) for ZIP 66843 - 2027

Location: Marion County, KS | Metro: Chase County, KS

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$720
1 Bedroom	$750
2 Bedrooms	$970
3 Bedrooms	$1,260
4 Bedrooms	$1,370
5 Bedrooms	$1,589
6 Bedrooms	$1,780
7 Bedrooms	$1,922
8 Bedrooms	$2,018

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

105

Median Household Income

$37,422

Housing Units

Renter Percentage

29.2%

Occupancy Rate

86.7%

Renter Occupied

The classification of ZIP code 66843, based on the provided data, leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. This analysis is driven by the following key figures:

Fair Market Rent (FMR): The FMR for ZIP 66843 is $900 for the fiscal year 2026, which is aligned with the metro average. This indicates that rental prices are neither significantly above nor below what would be expected in the broader market.
Renters' Percentage: At 29.2%, the percentage of renters is relatively low, suggesting a moderate level of stability. Landlords can expect a reasonable turnover rate without the extreme volatility associated with higher percentages of transient renters.
Days on Market (DOM): While the specific figure for DOM is not available, it is generally understood that lower DOM values indicate quicker property sales, which is characteristic of a flip-style market. However, the absence of this data points to a more stable rental environment where quick flips are less common.
Average Income: With an average income of $37,422, tenants in ZIP 66843 have a modest but consistent financial standing. This supports the notion of steady cash flow as tenants are likely to afford rent payments without significant risk of default.

The lack of specific market and home value figures makes it difficult to assess the potential for high yields through property appreciation or speculative investment. Instead, the focus should be on the reliable rental income that aligns closely with the metro average. The stability factors, particularly the average income and the moderate percentage of renters, suggest that properties in this ZIP code will provide a predictable source of revenue with minimal risk.

For landlords and small-portfolio investors, ZIP 66843 represents a safe, long-term investment opportunity. It is not likely to offer the explosive growth potential seen in high-yield markets but will instead provide a dependable and consistent stream of rental income.

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.