Location: Wichita County, KS | Metro: Wallace County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
ZIP code 67758, located within the Wichita County, KS metro area, presents a unique profile when compared to typical ZIP codes in the same county. The Fair Market Rent (FMR) for ZIP 67758 is set at $880 for fiscal year 2026, which is notably higher than the market rent of $465. This discrepancy suggests that the area may be underpriced relative to what is considered fair market value, potentially indicating a value pocket for investors.
The median home value in ZIP 67758 is $137,512, which is likely lower than the average home value in the broader Wichita County metro area. Coupled with the 21.1% renter share, this points towards an area where rental properties can be particularly attractive to Section 8 participants and other low-income renters. The higher renter share also implies a greater demand for rental units, making it a favorable location for landlords.
In summary, ZIP 67758 stands out as a value pocket within the Wichita County, KS metro due to its below-average home values and above-average FMR, alongside a significant renter population. These factors make it an ideal spot for small-portfolio investors looking to capitalize on rental opportunities, especially those aligned with government housing assistance programs.
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.