Real Estate Investing in Hope, Kansas

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1 ZIP codes • Population: 915 • Dickinson County

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

🏠 For Homebuyers
MIXED
Grade C (60/100)

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: 14.9% of homes vacant — above national norms.

What’s happening in Hope, KS?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.5% 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 $185,781
Avg Monthly Rent $792
ZIP Codes 1

Investing in Hope Real Estate

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

Across Hope's 1 ZIPs, fundamentals run underwhelming: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Market conditions in Hope are muted. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

The 0% renter share in Hope 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
$185,781
Avg Monthly Rent
$792
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Hope, KS

Screen every ZIP in Hope

Filter Hope’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 Hope, KS

Do rentals sit vacant long in Hope, KS?

Expect elevated vacancy in Hope, KS. Rents at $792/mo are absorbed by the tenant base without meaningful lag.

How much does a house cost in Hope, KS?

Homes in Hope, KS typically sell near $186K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.

How much do tenants pay in Hope, KS?

Expect rents around $792/mo per month in Hope, KS. With home values at $186K, the yield math works out to reasonable levels for rental investors.

How strict are landlord regulations in Hope, KS?

Rental owners in Hope, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

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

Yes - Hope, KS a 3.0/5 investability score. With $186K home prices against $792/mo monthly rent, the market delivers a reasonable entry point for new investors.

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