Location: Marion County, KS | Metro: Marion County, KS
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $100,840 | 1% | B |
| 3BR | $1,280 | $175,556 | 0.73% | D |
| 4BR | $1,330 | $212,285 | 0.63% | D |
U.S. Census Bureau data (2024)
The ZIP code 67063, located in Hillsboro, Kansas, presents an interesting mix of yield and stability factors that are crucial for landlords and small-portfolio investors. On the yield axis, the area's median family rent (FMR) stands at $960 for the fiscal year 2026, which is notably higher than the market rate of $764. This discrepancy suggests a potential opportunity for landlords to charge above-market rates if they can provide well-maintained properties. Additionally, the average home value of $157,271 indicates a relatively affordable market for property acquisition.
When it comes to stability, the picture is less straightforward. The rental market shows that only 17.5% of the population are renters, which is a low percentage and could indicate a less stable tenant pool. However, the median household income of $72,083 is a positive sign, suggesting that tenants who do rent may have a solid financial foundation. The lack of data on the number of days on market (DOM) for rentals means there is uncertainty regarding how quickly properties can be leased out, but given the low rental population, it's reasonable to assume that competition among landlords might be fierce.
To classify this market, we must weigh these factors carefully. With a higher FMR compared to the market rate, there is potential for higher yields through strategic pricing and property management. However, the low percentage of renters points towards lower stability, as finding consistent tenants could prove challenging. Given the limited data, this market appears to be a blend of moderate yield and moderate stability. It's not a high-yield/low-stability 'flip-style' market, nor is it a steady-cashflow zone. Instead, it offers opportunities for those willing to manage properties closely and attract the right tenants, while also accepting the risks associated with a smaller rental market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.