Section 8 Fair Market Rent (FMR) for ZIP 67468 - 2027

Location: Clay County, KS | Metro: Clay County, KS

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$780
1 Bedroom	$810
2 Bedrooms	$1,050
3 Bedrooms	$1,370
4 Bedrooms	$1,420
5 Bedrooms	$1,647
6 Bedrooms	$1,845
7 Bedrooms	$1,993
8 Bedrooms	$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

265

Median Household Income

$58,068

Housing Units

140

Renter Percentage

12.4%

Occupancy Rate

86.4%

Renter Occupied

The ZIP code 67468, located in Kansas, is a rural area that offers unique opportunities for real estate investment, particularly in the context of Section 8 housing. This region is characterized by its low population density and agricultural surroundings, which can influence both rental demand and property values.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $920, providing a benchmark for rental rates within the ZIP code.
Market rent data is currently unavailable for ZIP 67468, indicating a potential lack of competition and a need for further research to determine optimal pricing strategies.
The median home value is not available, suggesting a limited number of sales transactions that could impact liquidity and resale values.
Renters make up 12.4% of the local housing market, indicating a moderate demand for rental properties but also a significant portion of homeownership.
The median income for residents is $58,068, offering insight into the economic profile of potential tenants and their ability to afford higher rents.

Investors should consider the FMR of $920 as a starting point for setting competitive rental rates. The unavailability of market rent and median home value data suggests a niche market with fewer players, potentially allowing for greater control over pricing and property management. With a median income of $58,068, there is a solid foundation for maintaining stable occupancy rates among qualified tenants. However, the relatively low renter share of 12.4% implies that there might be a smaller pool of potential tenants compared to urban areas, necessitating careful tenant screening and possibly focusing on the quality of rental units to attract and retain tenants.

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.