Real Estate Investing in Phillipsburg, Kansas

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

1 ZIP codes • Population: 2,890 • Phillips

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

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

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: 17.2% of homes vacant — above national norms.

What’s happening in Phillipsburg, KS?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.1% 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 $133,274
Avg Monthly Rent $828
ZIP Codes 1

Investing in Phillipsburg Real Estate

Phillipsburg 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.

Phillipsburg is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.

decisively Phillipsburg's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Population dynamics in Phillipsburg haven't been supportive. a challenging fit for combined with tepid 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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Landlord Ground Truth

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

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Avg Home Value
$133,274
Avg Monthly Rent
$828
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Phillipsburg, KS

Screen every ZIP in Phillipsburg

Filter Phillipsburg’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 Phillipsburg, KS

Is housing expensive in Phillipsburg, KS?

Typical homes in Phillipsburg, KS go for around $133K. The 5-year CAGR of 0.0% consistent price movement.

Is Phillipsburg, KS a friendly market for rental owners?

Phillipsburg, KS operates under KS law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.

How deep is the rental pool in Phillipsburg, KS?

Phillipsburg, KS draws a consistent base of working renters. Demand at the $828/mo rent level is reasonable for standard single-family and small multi rentals.

Is Phillipsburg, KS a good market for FHA house hackers?

The house hack math a challenging in Phillipsburg, KS. Owner-occupant buyers benefit from the $828/mo rents and $133K home values.

How high is vacancy risk in Phillipsburg, KS?

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

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