Location: Saline County, KS | Metro: McPherson 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 | $810 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,100 | $175,688 | 0.63% | D |
| 3BR | $1,410 | $235,194 | 0.6% | F |
| 4BR | $1,550 | $291,338 | 0.53% | F |
| 5BR | $1,798 | $344,905 | 0.52% | F |
U.S. Census Bureau data (2024)
The real estate market in Lindsborg, Kansas (ZIP 67456), is poised for a period of stability and gradual growth over the next 12-24 months, based on the current median home value of $228,180. The absence of percentage reductions in listings and the unspecified median days on market (DOM) indicate a balanced market where neither buyers nor sellers have significant leverage. This suggests that prices will likely remain steady without major fluctuations.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $960, while the current market rate stands at $1,054 according to Census ACS data. This discrepancy signals a potential opportunity for landlords and small-portfolio investors who can offer competitive rents while maintaining a profit margin above the FMR. The higher market rate also reflects a demand for rentals that exceeds the subsidized housing market, which could support steady occupancy rates.
For long-term investors, the setup implies a moderate appreciation thesis. Given the stable home values and the slight premium in market rents over FMR, there is a realistic expectation that property values will appreciate gradually, aligning with broader economic trends and the local demand for housing. However, the lack of specific historical appreciation rates means that investors should focus on maintaining consistent cash flows through rental income rather than relying solely on capital appreciation.
The overall market conditions suggest that landlords and investors can expect a reliable, albeit modest, return on investment. The balance between home values and rental rates supports a sustainable model for those looking to hold properties long-term, leveraging the steady income from rentals and the potential for gradual increases in property values.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.