Location: Ottawa County, KS | Metro: Cloud County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 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)
The ZIP code 67436 stands out within its county due to several key characteristics. With a total of 548 residents, it has a rental rate of 23.3%, indicating a modest but significant portion of the population relies on rented properties. The median income here is $58,309, which is notably lower than the median home value of $108,487, suggesting a potential affordability gap for homeownership.
Moving into the specifics of Section 8 housing, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $880. However, the local market rent data is currently unavailable, making it challenging to compare the FMR against actual market rates. This absence of market rent data could imply that the local rental market is either underserved or less volatile compared to larger urban areas.
Given the data available, ZIP 67436 appears to be a stable market. The relatively low number of renters suggests a community where homeownership is still a viable option for many, despite the affordability gap indicated by the median income and home values. Additionally, the stable nature of the ZIP code can be inferred from the lack of recent fluctuations in market rent data, although this could also be due to limited data availability. Landlords and small-portfolio investors should consider the fixed economic parameters of the FMR when evaluating the potential for Section 8 tenants in this area.
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.