Location: Rush County, KS | Metro: Ellis County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
U.S. Census Bureau data (2024)
2.2% of the residents in ZIP code 67520 are renters, indicating a relatively low demand for rental properties compared to homeownership. This is further supported by the $84,602 median home value, suggesting that many individuals prefer to own their homes rather than rent. However, for those interested in rental investments, the $950 Fair Market Rent (FMR) for the metro area in fiscal year 2026 provides a clear benchmark for setting rental prices. Landlords should aim to keep their rents close to this figure to remain competitive and attractive to tenants eligible for Section 8 housing assistance.
$66,118 is the median income in ZIP 67520, which is below the national average. This lower income level means that a significant portion of potential tenants might rely on government subsidies such as Section 8 vouchers to afford housing. While the specific days on market (DOM) and percentage of price-cut shares are not available, the combination of a modest median income and a defined FMR suggests that rental properties priced at or slightly below $950 could attract a steady stream of Section 8 tenants.
Despite the lack of detailed market-specific data, the overall economic context of ZIP 67520 leans towards a scenario where Section 8 vouchers play a crucial role in the rental market. With a median income that is likely insufficient for many to cover market rent without assistance, landlords can expect a robust interest from voucher holders. The key will be to maintain properties that meet the necessary standards for Section 8 participation while keeping rents aligned with the $950 FMR to maximize occupancy rates and ensure compliance with federal guidelines.
Section 8 verdict: Suitable for investment, with a focus on maintaining properties to standard and pricing competitively around the $950 FMR.
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.