Location: Graham County, KS | Metro: Graham County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The ZIP code 67625 is situated in a rural setting, primarily characterized by its low population density with only 237 residents. This area is predominantly owner-occupied, with a mere 3.1% of the population being renters, indicating a community where homeownership is the norm. The median household income in this region stands at $35,703, reflecting a modest economic status among its inhabitants. The median home value of $87,011 suggests that homes in this ZIP code are relatively affordable, aligning well with the local income levels.
Moving into the specifics of rental economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $880. However, it's important to note that specific market rent data for ZIP 67625 is not available, which can make it challenging to gauge the exact rental landscape. Given the low percentage of renters and the lack of detailed market rent data, it appears that the rental market in this area is quite limited.
Considering these factors, ZIP 67625 would likely be more suitable for a hands-off voucher operator rather than a hands-on value-add buyer. The limited number of renters means that there is a smaller pool of potential tenants who might benefit from Section 8 vouchers. Additionally, the modest income levels suggest that tenants relying on vouchers will be the primary source of rental income, making it less viable for strategies that require higher rents to cover renovation costs or significant property improvements.
In conclusion, for landlords and small-portfolio investors looking to operate in ZIP 67625, focusing on maintaining properties with minimal intervention and relying on the stability provided by Section 8 vouchers would be a prudent approach given the characteristics of this rural area.
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.