Location: Seward 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 | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $95,640 | 1% | B |
| 3BR | $1,260 | $151,423 | 0.83% | C |
U.S. Census Bureau data (2024)
The ZIP code 67870, located in Satanta, KS, within Seward County, serves as a strategic addition to a Section 8 portfolio due to its characteristics as a cash-flow anchor. The Fair Market Rent (FMR) for the metro area is projected to be $890 in fiscal year 2026, while the current market rent stands at $833. This indicates a positive spread of $57, which means that landlords can expect to receive slightly above-market rents through the Section 8 program. Additionally, the median home value in the area is $137,755, making it an affordable market for both investment and owner-occupied properties.
The lack of significant price-cut share and days on market (DOM) suggest that the appreciation potential is limited in this area. However, the ZIP code does offer a diversification opportunity with a renter share of 36.1%, indicating a substantial portion of the population relies on rental properties. The median income of $58,125 suggests that there is a stable demand for affordable housing, which aligns well with the Section 8 program.
In conclusion, ZIP 67870 is best suited as a cash-flow anchor within a Section 8 portfolio. Its positive spread between FMR and market rent ensures steady cash flow, while the relatively low median home value makes it an attractive investment for those seeking to maximize their returns on rental properties.
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.