Location: Trego County, KS | Metro: Gove County, KS
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,310 |
| 5 Bedrooms | $1,520 |
| 6 Bedrooms | $1,702 |
| 7 Bedrooms | $1,838 |
| 8 Bedrooms | $1,930 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $980 | $123,137 | 0.8% | D |
| 3BR | $1,280 | $194,087 | 0.66% | D |
U.S. Census Bureau data (2024)
The ZIP code 67752, located in Quinter, Kansas, presents several considerations for landlords and small-portfolio investors. Let's delve into the specifics surrounding three key concerns.
To determine if the FMR will sufficiently cover the mortgage, we need to calculate the expected monthly mortgage payment. Assuming a 30-year fixed-rate mortgage with an interest rate of 5%, the monthly mortgage payment would be approximately $915. Given that the FMR is $890, it suggests that relying solely on FMR might not fully cover the mortgage payments. However, it's important to note that this calculation does not account for potential tax benefits or other incentives that can reduce the effective cost of homeownership.
The rental demand in Quinter, KS, is relatively low, with only 23.1% of the population renting their homes. This could imply a smaller pool of potential tenants compared to areas with higher rental rates. Nevertheless, the low percentage also indicates a strong owner-occupied market, which can contribute to a stable community environment. The data does not provide insights into the vacancy rates or the competition among landlords, which are crucial factors in assessing the actual demand.
The average voucher amount is not explicitly stated in the provided data. However, it's essential to consider whether the voucher program can effectively support tenants paying $646 in market rent. In many cases, vouchers do not cover the full rent, especially in areas where the market rent exceeds the FMR. Landlords should be prepared to accept lower rents or seek additional sources of income to compensate for any shortfall.
In summary, while the FMR in Quinter, KS, may not fully cover the mortgage on a $173,336 home, the stable owner-occupied market can offer some assurance. The relatively low rental demand requires careful consideration of the local tenant pool and competition. Lastly, landlords must evaluate the adequacy of voucher programs in supporting market rents of $646. These points highlight the need for thorough research and planning before investing in this area.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.