Housing market/Kansas/ZIP 66062

ACS 2023 · FY2027 SAFMR

ZIP 66062 Olathe, Kansas

Kansas City, MO-KS HUD Metro FMR Area · Kansas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
77,794
Households
28,606
Median HH income
$116,248
Renter share
27.0%
Median gross rent
$1,349
Vacancy
2.5%
Pop. change
-3.4%
2BR SAFMR
$1,800
SAFMR / rent
1.334×
2–49 unit stock
4,852
LIHTC proj / units
15 / 1,647
HUD assisted MF
3 / 185

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 66062 · KS — sent to you.

ZIP 66062 · KS

ACS median rent$1,349
2BR SAFMR$1,800
90% floor$1,620
110% ceiling$1,980

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 66062

  • 1-unit detached21,31972.6%
  • 1-unit attached2,3047.9%
  • 2–4 units1,1874.0%
  • 5–49 units3,66512.5%
  • 50+ units8572.9%
  • Mobile180.1%
TypeUnitsShare
1-unit detached21,31972.6%
1-unit attached2,3047.9%
2 units (duplex)3181.1%
3–4 units8693.0%
5–9 units1,0863.7%
10–19 units1,3484.6%
20–49 units1,2314.2%
50+ units8572.9%
Mobile180.1%

2–4 unit share 4.0% · 5–49 unit share 12.5% · combined 2–49 16.5%.

Units by bedrooms

Studio
426
1BR
2,174
2BR
4,015
3BR
8,213
4BR
11,774
5+
2,748

Rent burden

Rent ≥30% of income41.6%
Rent ≥50% of income15.9%
  • ACS median gross rent $1,349 (all bedrooms, occupied rentals).
  • Median contract rent $1,166.
  • Renters paying ≥30% of income 41.6%; ≥50% 15.9%.
  • FY2027 2BR SAFMR $1,800 (1.334× ACS median gross rent).

Population

77,794 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 15 projects, 1,647 units.
  • HUD project-based assisted MF: 3 properties, 185 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,145 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 66062 27.0% of occupied households are renters; vacancy is 2.5%; ACS median gross rent is $1,349; population changed -3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 1,187 units in 2–4-unit structures and 3,665 units in 5–49-unit structures; 15 LIHTC projects totaling 1,647 units; FY2027 2BR SAFMR is $1,800 versus ACS median gross rent of $1,349. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Kansas research

ZIP 66062 is a Census / HUD profile for Kansas City, MO-KS, KS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Kansas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 66062?

ZIP 66062 (Kansas City, MO-KS HUD Metro FMR Area) has 77,794 residents, 28,606 households, a renter share of 27.0%, median household income of $116,248, and ACS 2023 median gross rent of $1,349. Vacancy is 2.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 66062?

ACS counts 318 units in 2-unit buildings, 869 in 3–4 unit buildings, 1,086 in 5–9, 1,348 in 10–19, and 1,231 in 20–49. Combined 2–49 unit stock is 4,852 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 66062?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,800. See the full schedule and 90–110% payment-standard band on the ZIP 66062 — Olathe, KS HUD Section 8 Payment Standards / SAFMR.

Does this Kansas ZIP profile include Georgia listings?

No. ZIP 66062 is Census / HUD research for Kansas City, MO-KS HUD Metro FMR Area. Jeff Crowe CRE does not list Kansas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.