Real Estate Investing in Allen, Kansas

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

4 ZIP codes • Population: 1,398

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

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

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: 20.0% of homes vacant — above national norms.

What’s happening in Allen County, KS?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

7.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability ★★★★★
Avg Home Value $37,100
Avg Monthly Rent $792
ZIP Codes 4

Market Trends — Allen County

County Home Value History

$155K$135K$116K$96K$76K$56KSep 2009Mar 2018Jul 2026

Investing in Allen County Real Estate

Allen County (KS) covers 4 ZIPs and 4 municipalities. firmly the fundamentals here skew distressed, and both rent and price trends have been underwhelming across most of the geography.

decisively Allen County's ★★★☆☆ aggregate rating reflects modest investor metrics across the board — soft rent growth, soft appreciation, and structural headwinds worth taking seriously.

Demographics in Allen show real pressure — $N/AK median income is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

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Landlord Ground Truth

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

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Avg Home Value
$37,100
Avg Monthly Rent
$792
1% Rule
✓ Passes
Landlord Friendly (KS)
★★★★★

Cities in Allen County

Moran (1 ZIPs) Elsmore (1 ZIPs) Savonburg (1 ZIPs) Gas (1 ZIPs)

ZIP Codes in Allen County, KS

66755 ★ ★ ★ ★ ★
Moran
Population 825
Avg Home $148,400
Avg Rent $792/mo
66732
Elsmore
Population 272
Avg Home $0
66772
Savonburg
Population 270
Avg Home $0
66742
Gas
Population 31
Avg Home $0

Screen every market in Allen County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Allen County

What kind of vacancy should I budget for in, KS?

Rental vacancy in, KS is elevated. Investors should budget normal turnover but not chronic empty units.

How strong are rents in, KS?

Rent in, KS is around $792/mo. The resulting rent-to-value relationship with $37K pricing is reasonable for most investor models.

What approach is best for, KS real estate?

, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($37K prices, $792/mo rents) make it a reasonable choice.

Is, KS good for landlords?

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

Community Ratings

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