Location: Ellsworth County, KS | Metro: Barton 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 | $710 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,150 | $120,570 | 0.95% | C |
U.S. Census Bureau data (2024)
The ZIP code 67450, located within the Ellsworth County, KS metro, presents a unique set of characteristics when compared to typical ZIP codes in the area. With a Fair Market Rent (FMR) of $880 for the fiscal year 2026, it slightly exceeds the average market rent of $691. This indicates that 67450 might be positioned as a mid-tier neighborhood within its metro.
The median home value in 67450 stands at $81,334, which is notably lower than the FMR but higher than what one might expect for a value pocket. This suggests that while housing in 67450 is affordable, it is not necessarily among the lowest-cost options available in the county.
A key factor to consider is the 14.2% renter share in 67450. This figure is significant because it points towards a substantial number of renters who could potentially benefit from Section 8 assistance. The combination of a below-metro home value and a relatively high renter share often signals a favorable environment for landlords participating in the Section 8 program.
To further contextualize, let's examine how 67450 stacks up against other ZIP codes in Ellsworth County. The market rent of $691 is indicative of an affordable living area, but with an FMR of $880, there is a clear price support for properties that meet the criteria for rental assistance. This balance between affordability and support makes 67450 a promising mid-tier neighborhood for landlords and small-portfolio investors looking to tap into the Section 8 program without dealing with the lowest-value properties.
Given the data, 67450 appears to be neither a value pocket nor a premium sub-market, but rather a middle-ground where the cost of living is manageable and there is a strong presence of potential Section 8 tenants. This positioning can offer stability and a reasonable return on investment for those willing to participate in the program.
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.