Location: Ellis County, KS | Metro: Ellis County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The market in ZIP code 67674 is currently characterized by a significant reliance on rental properties, with a strong 53.1% of residents identifying as renters. This high percentage indicates an enduring demand for rental units, suggesting that the area may be experiencing long-term housing pressure. Landlords and small-portfolio investors should take note of the Federal Market Rent (FMR) set at $950 for fiscal year 2026, which provides a benchmark for rental pricing in the area.
While the exact market rent and the percentage of price-cut share are not available, the FMR figure can serve as a guide for setting competitive rental rates. The dynamics of the market in 67674 suggest a scenario where demand for rentals is likely steady or growing, given the substantial portion of renters. This implies that the market may favor those who can provide quality rental units that meet the needs of the local population.
The median days on market (DOM) and median home value data being unavailable points to a lack of recent sales activity, which could mean that the market is either relatively stable or has limited inventory for sale. In such a context, rental properties become even more critical, as they offer immediate income potential without the need for a sale.
In summary, ZIP 67674 presents a market heavily oriented towards rentals, with a significant portion of residents preferring or needing to rent rather than own. The Federal Market Rent at $950 gives a clear indication of what tenants can afford, making it easier for landlords to price their units appropriately. While there's no explicit data on whether supply outpaces demand, the high renter share suggests that rental properties will continue to be in demand, offering a reliable investment opportunity for those looking to enter or expand within this ZIP code's real estate landscape.
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.