Real Estate Investing in Chanute, Kansas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 10,913 • Neosho County

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

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

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

📈 For Investors
MIXED
3.0 / 5 (57/100)

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

⚠️ Risks to Know
1 flag
  • High vacancy: 12.9% of homes vacant — above national norms.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.1% 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 $98,130
Avg Monthly Rent $810
ZIP Codes 1

Investing in Chanute Real Estate

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

Investors considering Chanute, KS should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rents in Chanute at $810/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Chanute 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 Chanute, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$98,130
Avg Monthly Rent
$810
1% Rule
✗ Below
Landlord Friendly (KS)

🎓 Colleges & Universities in Chanute

1 College 1,783 Students 313 Off-Campus Renters
C+
Neosho County Community College
2-Year Public · 1,783 students
📍 ~313 students rent off-campus

ZIP Codes in Chanute, KS

Screen every ZIP in Chanute

Filter Chanute’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 Chanute, KS

What is the smart move for investors in Chanute, KS?

Investors usually favor careful cash-flow rentals with hands-on management in Chanute, KS. With home values at $98K and rents near $810/mo, other strategies can work but produce predictable rather than outsized returns.

Is the tenant base reliable in Chanute, KS?

Chanute, KS offers a consistent renter base at the $810/mo rent level. Tenant turnover is reasonable for well-managed properties.

What is the typical vacancy rate in Chanute, KS?

Expect elevated vacancy in Chanute, KS. Rents at $810/mo are absorbed by the tenant base without meaningful lag.

Is KS a landlord-friendly state?

KS law landlord-friendly for landlords, and Chanute inherits those rules. Investors should still review local ordinances for rental licensing.

What is the median home value in Chanute, KS?

Chanute, KS median home values land near $98K. That is reasonable territory for investors looking at $810/mo-per-month rentals.

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