Location: Labette County, KS | Metro: Labette County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 67332 reveals a unique balance between yield potential and market stability, which can inform investment strategies for landlords and small-portfolio investors. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $910, indicating the maximum rent that can be charged under Section 8 guidelines. However, the lack of specific market rental rates and home values suggests that this area has limited data available, making it difficult to assess the exact competitive landscape.
On the stability axis, 67332 shows a relatively low percentage of renters at 10.1%, which could imply that the majority of residents prefer homeownership over renting. This factor alone suggests a less stable rental market due to lower demand. Additionally, the absence of average days on market (DOM) data indicates a possible lack of consistent activity in the rental sector, further hinting at instability. However, the median household income of $80,313 provides a solid financial foundation for the local economy, which can support rental payments and reduce the risk of default.
Given these figures, ZIP 67332 does not fit neatly into a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it represents an area with moderate yield potential due to the defined FMR but with inherent risks associated with lower tenant demand and potentially higher vacancy rates. For investors looking to maximize returns through aggressive flipping, this ZIP code may not offer the optimal conditions. Conversely, those seeking a stable cash flow might find the income levels supportive but would need to address the challenges posed by a smaller rental market.
To conclude, 67332 stands as a middle-ground option where investors should carefully consider the balance between potential rental income at $910 per month and the stability risks associated with a smaller rental population. The strategy here should focus on properties that can attract the local renter base effectively, leveraging the strong median income to ensure steady cash flows while managing the risks of lower demand.
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.