Section 8 Fair Market Rent (FMR) for ZIP 67851 - 2027

Location: Scott County, KS | Metro: Finney County, KS

Investment Score for ZIP 67851

Monthly Rent (2BR)

$1,290

Median Price (2BR)

$206,517

1% Rule

0.62%

Annual Yield

7.5%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$960
1 Bedroom	$980
2 Bedrooms	$1,290
3 Bedrooms	$1,740
4 Bedrooms	$2,110
5 Bedrooms	$2,448
6 Bedrooms	$2,742
7 Bedrooms	$2,961
8 Bedrooms	$3,109

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,290	$206,517	0.62%	D
3BR	$1,740	$222,673	0.78%	D
4BR	$2,110	$247,222	0.85%	C
5BR	$2,448	$304,598	0.8%	C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,145

Median Household Income

$83,906

Housing Units

938

Renter Percentage

15.3%

Occupancy Rate

92.4%

Renter Occupied

133

The ZIP code 67851, located in Holcomb, Kansas, presents an interesting mix of yield and stability factors for real-estate investment. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is $1,170, while the market rent stands at $1,060. This indicates a potential rental yield that is above average, given the median home value of $236,605. However, the relatively low percentage of renters, at 15.3%, suggests a market that might not be as robust as others with higher tenant demand.

Stability is another key consideration, and here the data provides some insight. With a median household income of $83,906, tenants in this area have a decent financial cushion, which can contribute to timely rent payments and lower vacancy rates. Unfortunately, the lack of data on the number of days on market (DOM) means there's uncertainty around how quickly properties might sell or rent out.

Based on these figures, ZIP 67851 leans towards being a steady-cashflow zone. The higher FMR compared to the market rent, combined with the median income figure, suggests that landlords can expect consistent cash flow from their investments. However, the low percentage of renters could limit the pool of potential tenants, making it less suitable for high-risk, high-reward "flip-style" investments.

To summarize, the primary drivers of this classification are:

$1,170 FMR: Indicates a favorable rental environment.
$1,060 market rent: Suggests competitive pricing but also a gap that could be exploited for higher yields.
$236,605 median home value: Provides a baseline for property values and potential resale.
15.3% renters: A modest figure that limits the size of the tenant market.
$83,906 median household income: Ensures a stable financial situation for most residents, leading to reliable rent payments.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.