Location: Washington County, KS | Metro: Washington County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
18.7% of the population in ZIP code 66943 are renters, indicating a moderate demand for rental properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $910, which represents the upper limit for Section 8 housing payments. Comparatively, the market rent as per Census ACS data stands at $613, suggesting that there's room for landlords to negotiate higher rents without exceeding the FMR cap.
$137,368 is the median home value in this area, reflecting a stable housing market. However, the median income of $67,738 indicates that a significant portion of residents may struggle to afford market rates, making subsidized housing an attractive option. This economic disparity can be leveraged by landlords who understand how to navigate the Section 8 program effectively.
N/A-day days on market (DOM) and N/A% price-cut share suggest that there isn't enough recent data to provide insights into the speed of property sales and the frequency of price reductions in this area. Nonetheless, given the median income and median home values, it's reasonable to infer that the housing market is steady but not rapidly growing.
Landlords and small-portfolio investors should consider the potential benefits of accepting Section 8 tenants. With a fair market rent of $910, landlords can ensure a steady stream of income while serving a community that needs affordable housing options. The gap between the market rent of $613 and the FMR of $910 also provides a buffer for landlords, allowing them to cover maintenance costs and still remain competitive in the rental market.
The verdict on Section 8 for ZIP 66943 is positive, as it offers a reliable source of income and helps meet the needs of a significant portion of the local renter population.
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.