Location: Dickinson County, KS | Metro: Dickinson County, KS
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,490 | $149,456 | 1% | C |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 67441 reveals a favorable cashflow scenario due to the significant gap between the HUD Fair Market Rent (FMR) and the actual market rent. The HUD FMR for the Dickinson County, KS metro area is set at $1,040 for fiscal year 2026, while the Census ACS reports the average market rent at $675. This means that voucher tenants will cashflow at FMR levels, providing a substantial cushion for landlords.
To derive the rent-to-price ratio, we use the median home value of $149,697. At the reported market rent of $675, the annual rent would be approximately $8,100, resulting in a rent-to-price ratio of about 0.054. This indicates that rental income represents a relatively small portion of the property's value, suggesting that investment properties in this area can be priced higher without significantly affecting their appeal to renters.
The dynamics of days on market (DOM) and the percentage of price cuts are not applicable in this context, as the provided data does not include these figures. However, given the disparity between the HUD FMR and the actual market rent, it is evident that voucher tenants can afford to pay significantly more than what the market currently demands. This implies that landlords can potentially command higher rents for premium units, further enhancing their profitability.
In conclusion, the strongest investor angle in ZIP 67441 is cashflow, thanks to the generous HUD FMR compared to the modest market rent. This allows landlords to maintain positive cashflow even when accounting for maintenance, vacancies, and other operational costs.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.