Location: Thomas County, KS | Metro: Logan County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 67764, located in the heart of rural America, offers a unique opportunity for real-estate investors interested in the Section 8 housing market. This area is characterized by a blend of modest living conditions and a growing need for affordable housing solutions.
In summary, ZIP 67764 presents a stable market for Section 8 properties, with rents slightly above the FMR but still within reach for many residents. The modest median home value and the significant share of renters suggest a consistent demand for affordable housing options. Investors should consider the median income level when setting rent prices to ensure they align with the financial capabilities of potential tenants. Overall, the area offers a solid investment opportunity for those willing to navigate the intricacies of the Section 8 program.
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.