Section 8 Fair Market Rent (FMR) for ZIP 67476 - 2027

Location: McPherson County, KS | Metro: McPherson County, KS

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$760
1 Bedroom$790
2 Bedrooms$1,030
3 Bedrooms$1,320
4 Bedrooms$1,450
5 Bedrooms$1,682
6 Bedrooms$1,884
7 Bedrooms$2,035
8 Bedrooms$2,137

The ZIP code 67476 in Kansas is distinct due to its relatively low median home value of $177,900, which is below the state average of $185,150. This ZIP code has a median household income of $4,734 per month. Approximately 6.29% of residents rent their homes, indicating a majority ownership rate of 63.76%. The average monthly rent is $850, representing about 17.95% of the average household income.

In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 67476 is set at $930 for the fiscal year 2026, which is slightly above the current market rent of $850. Landlords and small-portfolio investors should note that this difference provides a margin of profit when accepting Section 8 vouchers, making it financially viable despite the lower median home value.

The data signature for ZIP 67476 suggests a stable environment. With a significant portion of homeownership and a modest rent-to-income ratio, the area appears to be consistent and suitable for long-term investments. However, landlords should remain vigilant to any changes in the local economy that could affect these figures.

Data Sources: FMR data from HUD (2027).

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.