Location: Trego County, KS | Metro: Ness County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,280 |
| 5 Bedrooms | $1,485 |
| 6 Bedrooms | $1,663 |
| 7 Bedrooms | $1,796 |
| 8 Bedrooms | $1,886 |
U.S. Census Bureau data (2024)
14.1% of the population in ZIP 67572 are renters, indicating a moderate demand for rental properties in the area. However, the $619 market rent, as reported by the Census ACS, suggests that the rental market may be somewhat competitive, with lower rents compared to the Fair Market Rent (FMR) of $880 set for the metro area in fiscal year 2026. This discrepancy presents an opportunity for landlords and small-portfolio investors to leverage the Section 8 program, which can provide a stable income stream at a rate closer to the FMR.
$102,691 is the median home value in the region, reflecting a relatively affordable housing market that could attract a mix of first-time buyers and renters. The median income of $58,813 indicates that many residents might find it challenging to afford homeownership, thereby increasing their reliance on rental options. For those considering investment properties in 67572, this data points towards a viable rental market, especially for units that qualify under the Section 8 program.
The lack of available data on days on market (DOM) and the percentage of price-cut share suggests that the local real estate market may not have robust tracking mechanisms in place, or these metrics may not be widely reported. This could mean that landlords and investors need to rely more heavily on other indicators such as occupancy rates and rental vacancy rates to gauge market performance.
In conclusion, the combination of a moderate renter share, a significant gap between market rents and the FMR, and an affordable median home value make ZIP 67572 a promising location for Section 8 investments. The program offers a way to stabilize cash flows while providing affordable housing to a community where the median income does not support higher rents. Verdict: Suitable for Section 8 investment.
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.