Real Estate Investing in Franklin County, Kansas

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

8 ZIP codes • Population: 27,036

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

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ 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
  • Elevated vacancy: 8.8% vacancy may signal weakening demand.

What’s happening in Franklin County, KS?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

7.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $299,971
Avg Monthly Rent $1,021
ZIP Codes 8

Investing in Franklin County Real Estate

This is a distressed-leaning county in Kansas: Franklin has 7 cities, 8 ZIPs, and investment math that only works for investors with genuine local understanding.

Franklin is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state capital should be especially careful with carry-in assumptions.

A 27,036 population and $N/AK household income profile is what makes Franklin a challenging rental region β€” the base is present, but the affordability math is tight.

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 Franklin County, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$299,971
Avg Monthly Rent
$1,021
1% Rule
βœ— Below
Landlord Friendly (KS)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ 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 β†’

πŸŽ“ Colleges & Universities in Franklin County

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

Cities in Franklin County

ZIP Codes in Franklin County, KS

Screen every market in Franklin 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 Franklin County

Is, KS a smart market for rental property?

The 3.0/5 investability rating in, KS reflects its $300K prices and $1,021/mo rents. Investors generally consider it a solid option within KS.

How tight is the rental market in, KS?

, KS carries elevated vacancy risk. Expect steady absorption at market rents of $1,021/mo.

Is housing expensive in, KS?

, KS median home values land near $300K. That is reasonable territory for investors looking at $1,021/mo-per-month rentals.

How deep is the rental pool in, KS?

The tenant pool in, KS is solid, supported by local employment and population fundamentals. Rents of $1,021/mo are well-absorbed by the market.

Community Ratings

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