Real Estate Investing in Herndon, Kansas

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

1 ZIP codes • Population: 224 • Rawlins County

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

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

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

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

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
1 flag
  • High vacancy: 21.6% of homes vacant — above national norms.

What’s happening in Herndon, KS?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.7% 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 $82,416
Avg Monthly Rent $792
ZIP Codes 1

Investing in Herndon Real Estate

Across Herndon's 1 ZIPs, the picture is subdued: $82K median values, $792/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Herndon is in that category.

Transaction volume in Herndon 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.

The 0% renter share in Herndon 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
$82,416
Avg Monthly Rent
$792
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Herndon, KS

Screen every ZIP in Herndon

Filter Herndon’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 Herndon, KS

Is Herndon, KS good for house hacking?

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

Is it easy to find good tenants in Herndon, KS?

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

Is KS a landlord-friendly state?

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

Is real estate in Herndon, KS a good investment right now?

Investors tracking Herndon, KS will find a 3.0/5 rating supported by $82K median home values and $792/mo rents. That profile suits long-term holders targeting predictable returns.

What is the median home value in Herndon, KS?

Herndon, KS median home values land near $82K. That is reasonable territory for investors looking at $792/mo-per-month rentals.

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