Location: Harper County, KS | Metro: Barber County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,180 |
| 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)
The ZIP code 67061, located within the Harper County, KS metro, presents a unique snapshot when compared to typical ZIP codes in the same county. With a Fair Market Rent (FMR) of $890 for fiscal year 2026, it aligns closely with the overall metro's expectations, indicating that it falls into the mid-tier neighborhood category. The absence of specific market rent and home value data for ZIP 67061 suggests that there might be limited private rental or housing market activity, or the data might not be widely reported.
The 22.7% renter share in ZIP 67061 is noteworthy. This percentage is indicative of a significant portion of residents relying on rentals, which can be influenced by various factors such as job availability, local economy, and housing preferences. In the context of Section 8 analysis, a higher-than-average renter share without corresponding high market rents or home values often points to an area where Section 8 vouchers are more prevalent among renters. This scenario can create a value pocket for landlords who are willing to accept Section 8 tenants, as it ensures a steady stream of income through government-subsidized rents.
Harper County, KS, typically has ZIP codes with varying degrees of economic activity, but the specifics of ZIP 67061 suggest a reliance on government-assisted housing. Landlords and small-portfolio investors should consider the implications of operating in an area where a substantial number of tenants are likely to be Section 8 participants. While this might reduce the risk of vacancy, it also means adhering to HUD regulations and possibly facing challenges related to tenant turnover and maintenance standards.
In summary, ZIP 67061 stands out as a mid-tier neighborhood with a potential value pocket for those who are prepared to engage with the Section 8 program. Its FMR aligns with the broader Harper County metro, but the high renter share with unspecified market rents and home values indicates a niche opportunity for certain types of investors.
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.