Location: Barber County, KS | Metro: Barber County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 67057 reveals a market that falls between high-yield/low-stability and steady-cashflow zones. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,010, while the market rent stands at $908. This indicates a relatively strong rental yield potential, given the gap between FMR and market rates. However, the absence of home value data suggests that there might be limited opportunities for property appreciation or flipping.
The stability axis presents a mixed picture. With 22.6% of the population being renters, the market has a moderate level of demand. The lack of data on days on market (DOM) means that we cannot assess the speed at which properties are typically rented out, which could impact cash flow predictability. On the positive side, the average household income in the area is $50,179, which provides a solid foundation for stable tenant payments and lower risk of default.
To conclude, ZIP 67057 offers a balance between yield and stability. Landlords and small-portfolio investors can expect decent rental income, especially if they aim to rent close to the FMR, but should be prepared for a moderate level of rental turnover. The income levels suggest that tenants are likely to have the financial capacity to meet their rent obligations consistently. This makes it a viable option for those seeking a reliable cash flow with some upside potential, though not ideal for those looking for quick flips due to the unknowns regarding property values and rental market dynamics.
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.