Location: Sumner County, KS | Metro: Sumner County, KS HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
U.S. Census Bureau data (2024)
The ZIP code 67105, located in Kansas, presents a unique challenge for both renters and landlords due to its low population and high median income. The median income in this area stands at $70,625. However, the lack of available market rate rental data indicates a scarcity of rental properties, which could be attributed to the very low percentage of renters—only 0.0%—and a total population of just 158.
Despite the high median income, the absence of market rate data suggests that there might be limited rental options, making it difficult to assess whether a typical household can afford the local rent. For context, the Fair Market Rent (FMR) set by HUD for ZIP 67105 in fiscal year 2024 is $880. This figure represents the standard voucher payment for the area, indicating that the government aims to support affordable housing at this rate.
The low number of renters and the small population size imply a highly competitive environment for landlords. Given the limited demand for rentals, landlords must consider the balance between accepting Section 8 vouchers, which ensure a steady income based on the FMR, and relying on market-rate tenants who might pay more but are few in number. The affordability gap, represented by the high median income and the relatively low FMR, means that landlords could potentially attract non-voucher tenants willing to pay above the voucher rate, but they must also be prepared for a lower volume of potential renters.
Takeaway: Landlords in ZIP 67105 should focus on the niche market of affordable housing supported by Section 8 vouchers, given the low rental demand and competition. While the high median income suggests potential for higher rents, the actual number of renters is so small that voucher acceptance becomes a strategic necessity to maintain occupancy and income stability. However, landlords should also explore opportunities to attract the few non-voucher tenants willing to pay more, leveraging the area's economic profile to justify slightly higher rates.
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.