Location: Saline County, KS | Metro: Lincoln 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 | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,360 |
| 5 Bedrooms | $1,578 |
| 6 Bedrooms | $1,767 |
| 7 Bedrooms | $1,908 |
| 8 Bedrooms | $2,003 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,250 | $188,438 | 0.66% | D |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 67484 presents a unique opportunity for landlords and small-portfolio investors, given the current median home value of $166,219. This figure serves as a critical benchmark for understanding the local housing economy. Despite the median days on market (DOM) being listed as N/A, which typically suggests either an exceptionally quick sale process or a limited number of transactions, the absence of percentage reductions on listings indicates that sellers are maintaining their asking prices, reflecting strong pricing power.
On the rental side, the forward market rate (FMR) for ZIP 67484 is projected to be $900 per month for fiscal year 2026, a significant increase from the current market rate of $692 according to the Census ACS data. This gap between the expected future rental rates and the present market rates suggests that landlords can expect higher returns on investment as the rental market adjusts to meet these projections. The anticipated rise in rental prices aligns with the stable home values, implying a balanced growth trajectory for both homeownership and rental income in the area.
For long-term investors, the setup in ZIP 67484 signals a moderate appreciation thesis. The combination of steady home values and rising rental rates indicates that the area is likely to see gradual increases in property values as demand for housing grows. However, it's important to note that the lack of specific data on listing reductions and median DOM means there could be underlying factors affecting the market that aren't immediately apparent. Long-term investors should consider diversifying their portfolios or holding properties longer to capitalize on the slow but steady growth in home values.
In conclusion, the median home value, combined with the trends in rental pricing, points to a market where landlords and small-portfolio investors can maintain strong pricing power and anticipate modest growth in property values over the next 12 to 24 months. The key will be monitoring the local economy and housing demand closely to adjust strategies accordingly.
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.