Real Estate Investing in Colony, Kansas

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

1 ZIP codes • Population: 650 • Anderson County

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
  • High vacancy: 17.1% of homes vacant — above national norms.

What’s happening in Colony, KS?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.8% 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 $161,791
Avg Monthly Rent $792
ZIP Codes 1

Investing in Colony Real Estate

Colony, KS covers 1 ZIP codes and a population but the investment metrics here are subdued — this is not a market to enter casually.

Colony is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

Transaction volume in Colony has thinned in a way that amplifies price discovery risk. On balance, investors without local context should treat every number on the page with skepticism.

Demographics in Colony show real pressure — median income of $N/AK is modest relative to rents, and the 0% renter share includes significant cost-burdened households.

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 Colony, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$161,791
Avg Monthly Rent
$792
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Colony, KS

Screen every ZIP in Colony

Filter Colony’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 Colony, KS

What kind of market is Colony, KS for investors?

Investors tracking Colony, KS will find a 3.0/5 rating supported by $162K median home values and $792/mo rents. That profile suits long-term holders targeting steady returns.

How much is rent in Colony, KS?

Colony, KS rentals go for roughly $792/mo a month. That puts gross yield in solid territory relative to $162K acquisition costs.

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

The renter base in Colony, KS is reasonable for the $792/mo price point. Screening well and pricing to market typically yields consistent tenants.

What are vacancy rates like in Colony, KS?

Vacancy in Colony, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $792/mo.

How do landlord-tenant laws work in Colony, KS?

KS ranks as a landlord-friendly state for landlord-tenant law. Colony generally follows the statewide framework, so landlords face reasonable operating rules.

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