Real Estate Investing in Lewis, Kansas

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

1 ZIP codes • Population: 683 • Edwards County

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Should you buy in Lewis, 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 (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: 18.2% of homes vacant — above national norms.

What’s happening in Lewis, KS?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $101,492
Avg Monthly Rent $819
ZIP Codes 1

Investing in Lewis Real Estate

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

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

firmly Lewis's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Lewis's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

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
$101,492
Avg Monthly Rent
$819
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Lewis, KS

Screen every ZIP in Lewis

Filter Lewis’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 Lewis, KS

What price range are homes in Lewis, KS?

Homes in Lewis, KS typically sell near $101K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

What is the tenant pool like in Lewis, KS?

Lewis, KS draws a predictable base of working renters. Demand at the $819/mo rent level is reasonable for standard single-family and small multi rentals.

How quickly do rentals get leased in Lewis, KS?

Vacancy in Lewis, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $819/mo.

Are rents high in Lewis, KS?

Average rent in Lewis, KS is approximately $819/mo per month. Against $101K home values that yields a reasonable rent-to-price ratio.

How landlord-friendly is Lewis, KS?

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

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