Location: Saline County, KS | Metro: Saline County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The ZIP code 67442, with a population of 152, presents a unique challenge for landlords and small-portfolio investors interested in attracting Section 8 tenants. The data indicates that there are no renters in this area, as the percentage of renters stands at 0.0%. This suggests that the ZIP code is dominated by homeowners rather than renters, which means that the demand for rental properties using Section 8 vouchers will be scarce.
Moving on to income analysis, the median household income in ZIP 67442 is $58,417. Without specific market rent figures available for this area, it's impossible to calculate the exact percentage of local income that goes towards rent. However, we can compare the median income to the Fair Market Rent (FMR) figure provided. The FMR for the area is set at $980 per month for FY 2026, which represents a significant portion of the median income. If we assume an average family spends about 30% of their income on housing, then the median income would support a monthly rent of approximately $1,752. This implies that the FMR is below the average rent that families in this ZIP code could afford based on their income, indicating that the rental market might be slightly above the FMR.
Given the lack of renters and the relatively high median income compared to the FMR, landlords in ZIP 67442 should expect a tenant profile that includes individuals or families who have access to substantial financial resources. These tenants are likely to be employed, possibly in professional or managerial roles, and capable of paying market rates without relying on government subsidies. Landlords looking to attract Section 8 tenants specifically would find limited opportunities in this ZIP code due to the low number of renters and the higher income levels that suggest a preference for homeownership over renting.
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.