Location: Republic County, KS | Metro: Cloud County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,180 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
44.7% of residents in ZIP code 66930 are renters, indicating a significant demand for rental properties. This high percentage suggests that landlords can expect a steady pool of potential tenants. In terms of financial metrics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $900, providing a benchmark for rental pricing. Meanwhile, the median income stands at $43,000, which landlords should consider when setting rent to ensure it remains affordable for the majority of tenants. The lack of specific data on market rent and median home value implies that these areas may be less developed or have unique characteristics affecting property values. Additionally, the absence of days on market (DOM) and price-cut share percentages indicates a possible gap in reporting or a stable market where homes are quickly sold without significant price adjustments. Given the strong rental demand and clear FMR guidelines, landlords and small-portfolio investors should find the 66930 ZIP code favorable for Section 8 participation.
The $900 FMR aligns well with the typical tenant's budget, considering the median income of $43,000. This ensures that rental properties are not only attractive but also financially viable under the Section 8 program. With 44.7% of the population renting, there is a robust market for affordable housing options, making the ZIP code an ideal location for investment in rental properties. The straightforward figures provide a clear picture of the economic landscape, allowing investors to make informed decisions based on real data rather than speculation. The verdict on Section 8 participation in ZIP code 66930 is positive, given the alignment between FMR and median income levels.
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.