Location: Stanton County, KS | Metro: Grant County, KS
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,270 | $168,164 | 0.76% | D |
| 4BR | $1,430 | $215,167 | 0.66% | D |
U.S. Census Bureau data (2024)
The ZIP code 67855 is situated in a rural neighborhood characterized by a modest population of 1,831 residents. The area has a relatively low percentage of renters at 25.2%, suggesting that homeownership is prevalent. With a median household income of $72,184, it's evident that the residents have a comfortable financial standing. The median home value in this ZIP code stands at $165,315, indicating that property values are within reach for many families but still offer potential for appreciation.
Moving into the economic analysis of rental properties, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $880. However, the current market rent, according to Census ACS data, is lower at $712. This discrepancy presents an opportunity for investors to either acquire properties at below FMR rates or to potentially increase rents towards the FMR level without significantly deterring tenants.
For a hands-off voucher operator, ZIP 67855 could be a suitable investment location due to the relatively stable income levels and the existing demand for affordable housing. The difference between the FMR and the current market rent suggests that there is room for growth without requiring extensive management intervention. On the other hand, for a hands-on value-add buyer, the area offers the potential to renovate and upgrade properties, thereby justifying higher rents closer to the FMR. This strategy would require active involvement in property management and improvements but could yield higher returns over time.
In summary, ZIP 67855 is a balanced choice for both passive and active Section 8 investors. Its demographic profile supports a stable rental environment, while the economic landscape provides opportunities for strategic investments and potential rental increases.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.