Location: Reno County, KS | Metro: Wichita, KS HUD Metro FMR Area
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 | $670 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $144,894 | 0.66% | D |
| 3BR | $1,220 | $214,557 | 0.57% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 67522 (Buhler, KS) on the axes of yield and stability reveals a mixed profile. On the yield axis, the Fair Market Rent (FMR) for 2024 stands at $880, which is below the market rent of $917 but significantly lower than the median home value of $197,795. This suggests a relatively low-cost rental environment where landlords can potentially secure higher-than-average returns relative to property values.
However, the stability axis presents a less favorable picture. With only 21.1% of residents being renters, the demand for rental properties is limited. The lack of data on days on market (DOM) indicates uncertainty around how quickly units might be filled or turnover rates. Additionally, the median household income of $72,622 provides insight into the financial capacity of potential tenants but does not directly correlate with rental stability.
Given these figures, ZIP 67522 leans towards a steady-cashflow zone. While the yield is not exceptionally high due to the FMR being slightly below the market rent, it still offers a reasonable return when considering the lower median home value. The primary factor supporting this classification is the moderate level of stability. Although the percentage of renters is relatively low, the absence of high DOM figures suggests that there is sufficient demand to maintain occupancy without significant vacancy periods. The income figure also supports the idea that tenants have the financial means to sustain their rent payments over time.
To summarize, while the area is not characterized by high-yield, low-stability dynamics typical of flip-style markets, it offers a balanced opportunity for steady cash flow. Landlords and small-portfolio investors should focus on maintaining competitive rents and managing costs effectively to ensure profitability and stability in this market.
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.