Location: Hodgeman County, KS | Metro: Finney County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $930 for the metro area in fiscal year 2026, landlords in ZIP 67835, Cimarron, KS, can expect competitive rates for their rental properties. The Census ACS reports a market rent of $775, indicating that properties priced at the FMR level will attract tenants willing to pay a premium. Given the median home value stands at $236,241, it's clear that homeownership is a significant investment in the area, which likely drives up demand for rentals among those who cannot afford to buy. With renters making up 32.8% of the population, there is a substantial pool of potential tenants. However, the median income of $79,877 suggests that many residents may be looking for affordable housing options. Despite the lack of specific data on days on market (DOM) and the percentage of price-cut share, the disparity between the FMR and market rent indicates a favorable environment for landlords who can offer quality properties at slightly below the FMR rate. This strategy could attract tenants quickly without needing to cut prices significantly. In conclusion, the combination of a high FMR, lower market rent, and a notable renter share makes ZIP 67835 a viable location for Section 8 investments.
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.