Location: Montgomery County, KS | Metro: Chautauqua County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 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)
5.6% of residents in ZIP code 67355 are renters, indicating a modest demand for rental properties in the area. The $75,577 median income suggests that while residents have a decent earning capacity, it may not be sufficient to cover high-end rents. However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $880, which represents a realistic rental price point for Section 8 participants. This figure aligns well with the economic profile of the area, making it a feasible target for landlords looking to participate in the program. Despite the lack of specific data on market rent and median home values, the FMR provides a clear benchmark for rental pricing. The absence of days on market (DOM) and price-cut share percentages indicates stable property values without significant fluctuations. Given these conditions, landlords in ZIP 67355 can expect steady occupancy rates and reliable tenant income when setting rents close to the FMR. For small-portfolio investors, the combination of a reasonable renter share and established FMR figures supports a positive outlook for Section 8 participation. It ensures a balance between accessibility for tenants and profitability for landlords.
Section 8 Verdict: ZIP 67355 is a suitable market for Section 8 participation, with rents aligned to the $880 FMR providing a solid investment opportunity.
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.