Location: Ford County, KS | Metro: Clark County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 67842, located in the Ford County, KS metro area, reveals a favorable rental environment. The HUD Fair Market Rent (FMR) for the area is set at $880 per month for the fiscal year 2026, which exceeds the market rent of $752 based on Census ACS data. This indicates that voucher tenants will cashflow at the FMR, providing a margin of safety for landlords and small-portfolio investors.
To further analyze the investment potential, consider the median home value in the area, which stands at $169,362. The rent-to-price ratio can be calculated using the HUD FMR, yielding approximately 0.61%, which is quite low. This suggests that the area is heavily skewed towards rental properties, making it less attractive for homeownership but very suitable for rental investments.
Note that the data on days on market (DOM) and the percentage of homes that experience price cuts are not available. However, given the strong rental dynamics, these factors are less critical for investors focusing on cashflow rather than appreciation or stability.
The strongest investor angle in ZIP 67842 is cashflow, due to the significant gap between the HUD FMR and the actual market rent, ensuring steady and reliable income from voucher tenants.
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.