Location: Cowley County, KS | Metro: Cowley County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
The ZIP code 67102, located in Cowley County, Kansas, can serve as an effective diversifier within a Section 8 portfolio strategy. With a median income of $90,893, the area stands out as a middle-income community. Although specific market data for median home values and rental prices are currently unavailable, the median income suggests a stable economic environment that supports a healthy mix of homeowners and renters.
A key indicator for diversification is the 0.0% renter share, which implies that most residents own their homes. This characteristic makes 67102 less suitable as a primary source of rental income but valuable for balancing a portfolio that includes higher-risk areas. Landlords and small-portfolio investors should consider the long-term stability and potential for steady returns in this ZIP code.
In comparison to the Federal Market Rent (FMR) for the metro area of $900 in fiscal year 2026, the lack of precise market data means we cannot definitively state the spread. However, given the relatively high median income, it's reasonable to infer that the local rental market could be slightly above average, providing a buffer against inflation and other economic pressures.
While there isn't enough data to classify 67102 as a strong appreciation play, the economic indicators suggest a resilient local economy. Investors looking to stabilize their cash flow and reduce overall risk should include properties in this ZIP code within their portfolios. The combination of a solid median income and the potential for steady rental returns makes 67102 a strategic choice for diversification.
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.