Location: Harper County, KS | Metro: Harper County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
ZIP code 67150, located within Harper County, KS, has a Fair Market Rent (FMR) of $880 for fiscal year 2026. This figure represents the average rent cost for a two-bedroom apartment in the area, which is used to determine eligibility for the Section 8 housing program. The FMR is an essential metric for landlords and small-portfolio investors interested in participating in the Section 8 program.
Despite the FMR being available, the market rent and home value data for ZIP 67150 are not provided. This absence suggests that either the data is not sufficiently reliable or there is limited variability in the housing market within the ZIP code. However, with a 25.0% renter share, it indicates that a significant portion of the residents in ZIP 67150 are renters, which could be beneficial for landlords looking to attract tenants through the Section 8 program.
To understand where ZIP 67150 stands within the broader context of Harper County, KS, we must compare its metrics to those of typical ZIP codes within the county. While the exact market rents and home values of other ZIP codes in Harper County are not specified here, the FMR of $880 can serve as a benchmark. If the typical market rents in Harper County are higher than $880, then ZIP 67150 might be considered a value pocket, offering lower-cost rental options that could still meet or exceed the FMR set by HUD.
The high renter share of 25.0% in ZIP 67150, combined with the lack of specific market rent and home value data, points towards a potential sweet spot for Section 8 participation. Typically, areas with a high proportion of renters and below-average home values indicate a concentration of low-income households, making them attractive for Section 8 vouchers. However, without the comparative market rent data, it's challenging to definitively categorize ZIP 67150 as a value pocket, mid-tier neighborhood, or premium sub-market within the Harper County metro.
In conclusion, ZIP 67150 presents an opportunity for landlords and investors due to its defined FMR and notable renter share. To make informed decisions about property investments and rentals, further research into the market conditions of other ZIP codes within Harper County would be advisable. This will provide a clearer picture of how ZIP 67150 aligns with the overall market dynamics and help identify its true position within the local real estate landscape.
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.