Location: Jewell County, KS | Metro: Jewell County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
ZIP code 66936, located within Jewell County, KS, presents a unique scenario when compared against typical ZIP codes in the same county. The Fair Market Rent (FMR) for 66936 stands at $1,080 for fiscal year 2026, which is a critical figure for landlords and investors interested in Section 8 housing opportunities.
A notable absence is the specific market rent data for 66936, which makes direct comparisons challenging. However, the median home value of $105,633 provides insight into the overall cost of living and property investment in this area. This figure suggests that properties in 66936 are relatively affordable compared to other areas, potentially attracting first-time home buyers and investors looking for lower entry costs.
The 0.0% renter share indicates that virtually all residents in 66936 own their homes, contrasting sharply with ZIP codes where a higher percentage of residents are renters. This characteristic aligns with the idea that 66936 could be considered a value pocket within the Jewell County, KS metro, given the low renter share and affordable home values.
In Jewell County, ZIP codes with a higher renter share and below-average home values often indicate a sweet spot for Section 8 investments. These areas typically offer a balance between rental income and property costs, making them attractive to landlords who want to participate in government housing programs. However, since 66936 has a 0.0% renter share, it diverges from this pattern, suggesting that while it may be an excellent place for homeownership, it is not a primary target for those focusing on rental properties under Section 8.
To further contextualize 66936's position, it would be beneficial to analyze the broader Jewell County, KS metro trends. For instance, if the average FMR across the metro is significantly higher than $1,080, then 66936 could still be seen as a value pocket for certain types of investments, particularly for those considering purchasing properties rather than renting them out.
Investors should also consider the lack of market rent data as a potential red flag, indicating either limited rental activity or insufficient data to draw robust conclusions about the rental market dynamics in 66936. This absence underscores the importance of local market knowledge and direct engagement with local real estate agents to fill in the gaps and make informed decisions.
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.