Section 8 Fair Market Rent (FMR) for ZIP 67547 - 2027

Location: Pawnee County, KS | Metro: Edwards County, KS

Investment Score for ZIP 67547

A+
Monthly Rent (2BR)
$960
Median Price (2BR)
$54,010
1% Rule
1.78%
Annual Yield
21.33%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$740
2 Bedrooms$960
3 Bedrooms$1,280
4 Bedrooms$1,480
5 Bedrooms$1,717
6 Bedrooms$1,923
7 Bedrooms$2,077
8 Bedrooms$2,181

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $960 $54,010 1.78% A+
3BR $1,280 $111,213 1.15% B

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,628
Median Household Income
$52,917
Housing Units
916
Renter Percentage
24.0%
Occupancy Rate
74.5%
Renter Occupied
164

The ZIP code 67547, located in Kinsley, Kansas, is part of Edwards County and stands out due to its relatively low population of 1,628 residents, where 24.0% rent their homes. The median income in this area is $52,917, while the median home value is notably higher at $78,676.

In terms of Section 8 housing economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $880, which contrasts with the current market rent of $721 according to the Census American Community Survey (ACS). This indicates that landlords participating in the Section 8 program could potentially receive higher rents compared to the local market rates, thus providing an incentive to accept vouchers.

The data suggests that ZIP 67547 is currently in a stable phase. With a modest rental percentage and a median income that is lower than the median home value, it's clear that homeownership is a significant factor in the local economy. However, the gap between the FMR and the actual market rent offers a unique opportunity for landlords to benefit financially from the Section 8 program, thereby stabilizing the rental market and ensuring a steady income stream for property owners who choose to participate.

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.