Real Estate Investing in Chetopa, Kansas

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

1 ZIP codes • Population: 1,186 • Labette County

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

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
STRONG
4.0 / 5 (86/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 22.6% of homes vacant — above national norms.
  • Declining values: -0.2% 5-year CAGR — values have moved lower.
  • Elevated poverty: 21.1% poverty rate — can affect rent collection.
  • Lower household income: $32,847 median — tenant affordability is tighter.

What’s happening in Chetopa, KS?

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4.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

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 $69,480
Avg Monthly Rent $792
ZIP Codes 1

Investing in Chetopa Real Estate

Chetopa is one of Kansas's repositioning markets — 1 ZIPs, a sizable population, and median values of $69K that mask wide dispersion block to block.

Chetopa rewards operators, not passive buyers. The gap between distressed entry and stabilized exit is where the ★★★★☆ rating gets earned — on rehabs that close that gap.

Velocity in Chetopa is bifurcated. Turning to rents, clean, updated product moves fast at full price; tired product sits longer and trades at real discounts — the raw material for repositioning plays.

The demographic base in Chetopa is what makes the BRRRR math work — enough income at $N/AK to absorb upgraded rents, and enough renters at 0% to fill the units.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Parsons, KS

Chetopa is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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

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Avg Home Value
$69,480
Avg Monthly Rent
$792
1% Rule
✓ Passes
Landlord Friendly (KS)

📉 Market Crash Risk Index

Based on Parsons, KS metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Parsons, KS metro
0
Days to pending
6.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Chetopa, KS

Screen every ZIP in Chetopa

Filter Chetopa’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 Chetopa, KS

How does Chetopa, KS stack up for property investment?

The 4.0/5 investability rating in Chetopa, KS reflects its $69K prices and $792/mo rents. Investors generally consider it a solid option within KS.

Can you recycle capital via BRRRR in Chetopa, KS?

BRRRR in Chetopa, KS is a strong. The interplay of $69K values and $792/mo rents creates reasonable refinance conditions.

How much do tenants pay in Chetopa, KS?

The typical rental in Chetopa, KS commands about $792/mo monthly. That rent profile even-keeled cash flow against the $69K purchase basis.

How do experienced investors play Chetopa, KS?

For Chetopa, KS, value-add and BRRRR deals is the standard investor playbook. The market structure makes it a reasonable default approach.

Is Chetopa, KS good for house hacking?

Chetopa, KS offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $792/mo rent level.

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