Real Estate Investing in Centralia, Kansas

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1 ZIP codes • Population: 763 • Nemaha County

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Should you buy in Centralia, KS? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.2% vacancy may signal weakening demand.

What’s happening in Centralia, KS?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

8.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $206,577
Avg Monthly Rent $873
ZIP Codes 1

Investing in Centralia Real Estate

This is a distressed-leaning corner of Kansas: Centralia has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

firmly Centralia's aggregate rating of ★★★☆☆ reflects soft investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rent trends and price trends in Centralia are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Kansas.

The 0% renter share in Centralia masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Centralia, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$206,577
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Centralia, KS

Screen every ZIP in Centralia

Filter Centralia’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Centralia, KS

Do landlords face vacancy issues in Centralia, KS?

Expect elevated vacancy in Centralia, KS. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

Where do rents currently stand in Centralia, KS?

Investors in Centralia, KS typically see rents near $873/mo per month against $207K home values - a solid setup for rental cash flow.

Does Centralia, KS favor landlords or tenants?

Centralia, KS operates under KS law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.

How strong is the working-renter base in Centralia, KS?

The renter base in Centralia, KS is reasonable for the $873/mo price point. Screening well and pricing to market typically yields stable tenants.

What is the investability score for Centralia, KS?

Centralia, KS registers an investability rating of 3.0/5, with median home values near $207K and average rents around $873/mo. That combination puts it in the impressive tier for investor interest.

Community Ratings

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