Location: Kingman County, KS | Metro: Harper County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
17.8% of the residents in ZIP code 67159 are renters, indicating a significant but not overwhelming demand for rental properties in the area. $910 is the Fair Market Rent (FMR) for the metro area in fiscal year 2026, which sets the benchmark for rental pricing under Section 8 guidelines. Given the $44,688 median income in the region, it's important for landlords to understand that while the FMR is a guideline, the actual income levels of potential tenants will be a key factor in determining eligibility for the Section 8 program.
Although the specific market rent and median home value for ZIP 67159 are not available, the absence of these figures does not necessarily imply low property values or rents. Landlords should consider the FMR as a reliable indicator for setting competitive rental rates. The lack of data on days on market (DOM) and the percentage of price-cut shares suggests that there might be limited transactions or listings in the area, which could mean either a stable market or a less active one compared to other regions.
When considering the Section 8 program, landlords in ZIP 67159 can expect to receive a monthly housing assistance payment of up to $910 for eligible tenants. This amount is adjusted annually based on the FMR and should cover the majority of the rent for a standard unit. It's crucial for landlords to review their properties against the FMR to ensure they are not overcharging and to maintain compliance with the program.
In ZIP 67159, the Section 8 program represents a viable option for landlords looking to fill vacancies and ensure steady rental income. With the FMR set at $910 and the median income at $44,688, the program aligns well with the local economic conditions, providing a solid foundation for rental agreements. The program also offers a streamlined process for rent collection and property management, reducing the risk of non-payment and ensuring that units meet minimum health and safety standards.
Given the data, landlords in ZIP 67159 should find the Section 8 program to be a reliable partner in managing their rental properties, particularly in a market where the renter share is 17.8%. Participation in the program can lead to consistent occupancy and a steady stream of income, making it an attractive option for both landlords and small-portfolio investors.
Section 8 Verdict: A solid investment choice for landlords in ZIP 67159.
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.