Section 8 Fair Market Rent (FMR) for ZIP 67152 - 2027

Location: Sumner County, KS | Metro: Sumner County, KS HUD Metro FMR Area

Investment Score for ZIP 67152

Monthly Rent (2BR)

$1,030

Median Price (2BR)

$72,525

1% Rule

1.42%

Annual Yield

17.04%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$720
1 Bedroom	$790
2 Bedrooms	$1,030
3 Bedrooms	$1,260
4 Bedrooms	$1,350
5 Bedrooms	$1,566
6 Bedrooms	$1,754
7 Bedrooms	$1,894
8 Bedrooms	$1,989

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,030	$72,525	1.42%	A
3BR	$1,260	$133,089	0.95%	C
4BR	$1,350	$196,002	0.69%	D
5BR	$1,566	$248,757	0.63%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

9,212

Median Household Income

$52,275

Housing Units

4,171

Renter Percentage

31.5%

Occupancy Rate

84.1%

Renter Occupied

1,107

The ZIP code 67152, located in Wellington, Kansas, offers a stable real estate market that is particularly favorable for those interested in rental properties. The area is characterized by a mix of residential and agricultural landscapes, providing a quiet and comfortable living environment for its residents.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 67152 for fiscal year 2024 is set at $960.
The average market rent for the same property type, according to the Census American Community Survey (ACS), stands at $737.
The median home value in the area is $111,188, indicating a relatively affordable housing market.
Renters make up 31.5% of the local population, suggesting a significant demand for rental properties.
The median income of the residents is $52,275, which provides insight into the financial capacity of potential tenants.

Given these data points, Wellington, KS, presents a solid investment opportunity for landlords and small-portfolio investors. The gap between the FMR and the actual market rent suggests potential for modest price increases, while the median home value indicates a low barrier to entry for property purchases. With a notable share of renters and a median income that supports rental payments, there is a strong foundation for successful rental investments in the area.

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.