Real Estate Investing in Ottawa, Kansas

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

1 ZIP codes • Population: 16,146 • Franklin County

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

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

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
  • Elevated vacancy: 9.5% vacancy may signal weakening demand.

What’s happening in Ottawa, KS?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.8% 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 $242,664
Avg Monthly Rent $1,245
ZIP Codes 1

Investing in Ottawa Real Estate

Ottawa in Kansas is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

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

Transaction volume in Ottawa has thinned in a way that amplifies price discovery risk. In practical terms, investors without local context should treat every number on the page with skepticism.

Population dynamics in Ottawa haven't been supportive. a stretch for combined with modest income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Ottawa, KS

Ottawa is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Ottawa, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$242,664
Avg Monthly Rent
$1,245
1% Rule
✗ Below
Landlord Friendly (KS)

📉 Market Crash Risk Index

Based on Ottawa, KS metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
50%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Ottawa, KS metro
0
Days to pending
6.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Ottawa

1 College 1,055 Students
D
Ottawa University-Ottawa
4-Year Private · 1,055 students

ZIP Codes in Ottawa, KS

Screen every ZIP in Ottawa

Filter Ottawa’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 Ottawa, KS

Should investors worry about vacancy in Ottawa, KS?

Ottawa, KS sees elevated vacancy, which is reasonable relative to the broader KS rental market.

What does house hacking look like in Ottawa, KS?

The a challenging house-hack environment in Ottawa, KS reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What is the best play in Ottawa, KS?

For Ottawa, KS, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What price range are homes in Ottawa, KS?

Median home price in Ottawa, KS is near $243K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

How does Ottawa, KS stack up for property investment?

Ottawa, KS registers an investability rating of 3.0/5, with median home values near $243K and average rents around $1,245/mo. That combination puts it in the notable tier for investor interest.

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