Location: Hamilton County, KS | Metro: Hamilton County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
The ZIP code 67836 presents several challenges for landlords considering Section 8 investments. Tenant turnover is a significant concern, especially when comparing the market rent, which is currently unavailable, to the $1,050 Fair Market Rent (FMR) set for the fiscal year 2026. This discrepancy can lead to higher turnover rates as tenants may seek more affordable housing options outside the program.
Vacancy exposure is another critical issue. With the days on market (DOM) also not available, it's difficult to predict how long a property might remain vacant. However, the absence of this data suggests potential problems in attracting and retaining tenants, increasing the risk of prolonged vacancies.
Deferred maintenance poses a considerable threat. The typical home value in the area is unknown, but the median household income stands at $81,250. This relatively high income level does not necessarily correlate with the ability to afford substantial repairs or maintenance costs that might be required under the Section 8 program. Landlords must be prepared to handle these expenses without immediate financial relief from rental income.
Despite these risks, the ZIP code offers some mitigating factors. The 0.0% renter share indicates a very high concentration of renters, which typically translates into higher demand for housing vouchers. This high density of renters could provide a stable pool of potential Section 8 tenants, offsetting some of the aforementioned risks.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.