Location: Ness County, KS | Metro: Ness County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 67515 is situated in a rural area of Kansas, characterized by a small population of 59 residents. With 19.0% of the residents being renters, it indicates a modest demand for rental properties. The median income and median home value data are currently unavailable, suggesting limited economic activity and potentially sparse housing options.
Moving into the specifics of rental economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $890. However, without specific market rent data for ZIP 67515, it's challenging to determine how closely the FMR aligns with actual local rents. This lack of detailed market information can make investment decisions difficult, especially for those looking to understand the true value of properties in this region.
Given the limited population and the absence of comprehensive economic data, ZIP 67515 would likely be more suitable for a hands-off voucher operator rather than a hands-on value-add buyer. The small number of residents and the percentage of renters suggest a stable but low-demand market. Investors seeking to maximize their passive income through Section 8 vouchers should find this environment conducive to their strategy, whereas those aiming to actively manage and improve properties might struggle to justify the effort given the limited tenant pool and potential challenges in accurately assessing property values.
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.