Location: Reno County, KS | Metro: Reno County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 67566 in fiscal year 2026 is set at $1,150. This figure represents the payment standard for landlords participating in the Section 8 Housing Choice Voucher program. It is important to note that this is not the amount tenants will pay; rather, it is the maximum amount that the government will reimburse landlords for renting a unit under this program.
In comparison, the average rent for ZIP 67566, based on Census American Community Survey (ACS) data, is $487. This discrepancy highlights the potential financial advantage of enrolling in Section 8, as your reimbursement rate is significantly higher than the local market average.
The 11.0% share of renters in this area indicates a steady demand for rental properties. While this percentage might seem low, it still translates into a reasonable number of potential tenants who could benefit from the voucher program.
If you are considering acquiring a property to participate in Section 8, the median home value in ZIP 67566 is approximately $202,858. This gives you an idea of the investment required to enter the market. Given the FMR of $1,150, you can expect a higher monthly income compared to the local average rent.
Before making your final decision, ensure that the property meets the necessary quality standards as defined by HUD. These standards cover a range of conditions that must be met to qualify for the Section 8 program, including safety, health, and sanitation requirements. Verifying compliance with these standards upfront can save you time and resources in the long run.
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.