Location: Hodgeman County, KS | Metro: Edwards County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
The ZIP code 67563 is not predominantly a renter-heavy area, with only 6.2% of the population being renters. This indicates that the majority of residents in this ZIP code are homeowners, suggesting that the availability of Section 8 vouchers might be relatively limited compared to areas with higher rental percentages.
The median household income in ZIP 67563 is $70,833, which places it above the average for many rental markets. For context, a typical market rent of $950 would consume approximately 17.7% of the median household income. This percentage is calculated by dividing the monthly rent by the annual income and multiplying by 12, indicating that rent is a significant but manageable portion of income for most households.
Comparing the market rent to the Fair Market Rent (FMR) of $1,110, as determined for FY 2026 in the metro area, shows that the market rent is below the FMR. This suggests that landlords in ZIP 67563 could potentially charge slightly higher rents and still remain competitive within the Section 8 program parameters.
A landlord in ZIP 67563 can expect tenants who are likely to be seeking affordable housing options due to the high cost of living relative to their income. These tenants will likely have a mix of employment statuses and may include families, individuals with disabilities, and elderly persons. The demand for rental properties accepting Section 8 vouchers will be present but not overwhelming given the low percentage of renters in the area.
To conclude, while there is a tenant pool for Section 8 in ZIP 67563, it is smaller than in areas with higher rental rates. Landlords should prepare for a moderate interest from voucher holders, keeping in mind the local income levels and the balance between market rent and 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.