Real Estate Investing in Erie, Kansas

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

1 ZIP codes • Population: 1,966 • Neosho County

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 16.5% of homes vacant — above national norms.

What’s happening in Erie, KS?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.8% 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 $136,154
Avg Monthly Rent $792
ZIP Codes 1

Investing in Erie Real Estate

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

The investment case for Erie is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Transaction volume in Erie has thinned in a way that amplifies price discovery risk. Turning to rents, investors without local context should treat every number on the page with skepticism.

The 0% renter share in Erie 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

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Avg Home Value
$136,154
Avg Monthly Rent
$792
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Erie, KS

Screen every ZIP in Erie

Filter Erie’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 Erie, KS

Do landlords face vacancy issues in Erie, KS?

Erie, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

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

Tenant quality in Erie, KS ranks as solid. Landlords generally report predictable occupancy at market rents of $792/mo.

Is Erie, KS a good place for real estate investing?

The 3.0/5 investability rating in Erie, KS reflects its $136K prices and $792/mo rents. Investors generally consider it a solid option within KS.

Does a duplex house hack pencil in Erie, KS?

House hacking in Erie, KS is reasonable to execute. Prices around $136K and rents of $792/mo solid owner-occupant economics.

What monthly rent should investors expect in Erie, KS?

Rents in Erie, KS run near $792/mo. Compared with median home prices of $136K that produces solid gross yields for typical rentals.

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