Section 8 Fair Market Rent (FMR) for ZIP 67430 - 2027

Location: Osborne County, KS | Metro: Jewell County, KS

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$830
1 Bedroom$870
2 Bedrooms$1,130
3 Bedrooms$1,520
4 Bedrooms$1,670
5 Bedrooms$1,937
6 Bedrooms$2,169
7 Bedrooms$2,343
8 Bedrooms$2,460

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
468
Median Household Income
$50,833
Housing Units
306
Renter Percentage
21.5%
Occupancy Rate
74.5%
Renter Occupied
49

ZIP code 67430, located within the broader context of Osborne County, KS, presents a unique profile when compared against typical ZIP codes in the same county. The Federal Market Rent (FMR) for 67430 stands at $1,030 for fiscal year 2026, which is notably higher than the market rent figure of $688. This discrepancy suggests that the area may be more attractive to Section 8 participants due to the higher subsidy caps relative to the actual market rates.

The median home value in ZIP 67430 is listed at $101,788, which is likely lower than the average home values in other ZIP codes within the county. Coupled with the fact that 21.5% of residents are renters, this indicates a potential concentration of rental properties and a significant portion of the population relying on affordable housing options. Such characteristics can point towards an area being a value pocket, where rental properties are more affordable for low-income tenants but still offer a reasonable return on investment for landlords.

In summary, ZIP 67430 appears to be a value pocket within the Osborne County, KS metro. Its lower home values and higher renter share, alongside the disparity between FMR and market rent, make it a potentially lucrative area for landlords participating in the Section 8 program. The higher subsidy cap allows for better compensation on rents that are below the metro average, creating an environment where rental income can be more predictable and stable for those willing to engage with the federal housing assistance program.

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.