Real Estate Investing in Johnson County, Kansas

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

32 ZIP codes • Population: 620,769

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

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
CLEAN

No major risk flags on the data we track.

What’s happening in Johnson County, KS?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $518,299
Avg Monthly Rent $1,808
ZIP Codes 32

Investing in Johnson County Real Estate

This is a distressed-leaning county in Kansas: Johnson has 14 cities, 32 ZIPs, and investment math that only works for investors with genuine local understanding.

Johnson 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.

The 0% renter share in Johnson masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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

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Avg Home Value
$518,299
Avg Monthly Rent
$1,808
1% Rule
βœ— Below
Landlord Friendly (KS)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Johnson County

10 Colleges 21,472 Students 5,786 Off-Campus Renters
C+
Mitsu Sato Hair Academy
Vocational For-Profit Β· 97 students
C
Johnson County Community College
2-Year Public Β· 17,121 students
πŸ“ ~5,786 students rent off-campus
C
Z Hair Academy
Vocational For-Profit Β· 307 students
C
MidAmerica Nazarene University
4-Year Private Β· 1,539 students
C
Paul Mitchell the School-Overland Park
Vocational For-Profit Β· 189 students
C
Ottawa University-Online
4-Year Private Β· 957 students
C
Ottawa University-Kansas City
4-Year Private Β· 431 students
C
Cleveland University-Kansas City
4-Year Private Β· 588 students
C
Kansas Christian College
4-Year Private Β· 143 students
D
Saint Paul School of Theology
4-Year Private Β· 100 students

Investor Insight: With 5,786 students living off-campus, Johnson County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Johnson County

ZIP Codes in Johnson County, KS

66062 β˜… β˜… β˜… β˜… β˜…
Olathe
Population 77,794
Avg Home $445,722
Avg Rent $1,850/mo
66061 β˜… β˜… β˜… β˜… β˜…
Olathe
Population 67,510
Avg Home $440,821
Avg Rent $1,834/mo
66212 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 32,804
Avg Home $366,909
Avg Rent $2,092/mo
66213 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 30,024
Avg Home $567,944
Avg Rent $1,824/mo
66215 β˜… β˜… β˜… β˜… β˜…
Lenexa
Population 26,291
Avg Home $403,793
Avg Rent $1,650/mo
66030 β˜… β˜… β˜… β˜… β˜…
Gardner
Population 25,964
Avg Home $355,738
Avg Rent $1,624/mo
66223 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 25,050
Avg Home $510,316
Avg Rent $2,084/mo
66216 β˜… β˜… β˜… β˜… β˜…
Shawnee
Population 24,955
Avg Home $423,764
Avg Rent $1,801/mo
66221 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 24,835
Avg Home $816,456
Avg Rent $1,872/mo
66208 β˜… β˜… β˜… β˜… β˜…
Prairie Village
Population 21,754
Avg Home $504,663
Avg Rent $2,445/mo
66210 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 20,303
Avg Home $464,432
Avg Rent $1,693/mo
66209 β˜… β˜… β˜… β˜… β˜…
Leawood
Population 20,201
Avg Home $702,818
Avg Rent $1,626/mo
66203 β˜… β˜… β˜… β˜… β˜…
Shawnee
Population 19,195
Avg Home $332,330
Avg Rent $1,911/mo
66204 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 18,557
Avg Home $318,161
Avg Rent $1,544/mo
66202 β˜… β˜… β˜… β˜… β˜…
Mission
Population 17,321
Avg Home $330,413
Avg Rent $1,681/mo
66226 β˜… β˜… β˜… β˜… β˜…
Shawnee
Population 16,189
Avg Home $499,424
Avg Rent $2,545/mo
66207 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 15,149
Avg Home $526,275
Avg Rent $1,896/mo
66205 β˜… β˜… β˜… β˜… β˜…
Roeland Park
Population 13,728
Avg Home $404,508
Avg Rent $2,133/mo
66219 β˜… β˜… β˜… β˜… β˜…
Lenexa
Population 13,410
Avg Home $472,234
Avg Rent $1,764/mo
66083 β˜… β˜… β˜… β˜… β˜…
Spring Hill
Population 12,832
Avg Home $422,713
Avg Rent $2,016/mo
66214 β˜… β˜… β˜… β˜… β˜…
Overland Park
Population 12,261
Avg Home $393,857
Avg Rent $1,281/mo
66224 β˜… β˜… β˜… β˜… β˜…
Leawood
Population 12,184
Avg Home $816,738
Avg Rent $1,513/mo
66206 β˜… β˜… β˜… β˜… β˜…
Leawood
Population 12,030
Avg Home $780,025
Avg Rent $2,285/mo
66085 β˜… β˜… β˜… β˜… β˜…
Stilwell
Population 11,412
Avg Home $678,265
Avg Rent $1,674/mo
66227 β˜… β˜… β˜… β˜… β˜…
Lenexa
Population 8,897
Avg Home $561,506
Avg Rent $2,355/mo
66218 β˜… β˜… β˜… β˜… β˜…
Shawnee
Population 8,796
Avg Home $490,336
Avg Rent $1,728/mo
66220 β˜… β˜… β˜… β˜… β˜…
Lenexa
Population 8,166
Avg Home $689,506
Avg Rent $1,739/mo
66018 β˜… β˜… β˜… β˜… β˜…
De Soto
Population 6,537
Avg Home $427,285
Avg Rent $1,563/mo
66211 β˜… β˜… β˜… β˜… β˜…
Leawood
Population 5,550
Avg Home $810,162
Avg Rent $1,918/mo
66217 β˜… β˜… β˜… β˜… β˜…
Shawnee
Population 5,302
Avg Home $599,613
Avg Rent $1,314/mo
66013 β˜… β˜… β˜… β˜… β˜…
Bucyrus
Population 2,976
Avg Home $721,158
Avg Rent $1,413/mo
66021 β˜… β˜… β˜… β˜… β˜…
Edgerton
Population 2,792
Avg Home $307,668
Avg Rent $1,197/mo

Screen every market in Johnson County

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Frequently Asked Questions About Johnson County

How much does a house cost in, KS?

, KS median home values land near $518K. That is reasonable territory for investors looking at $1,808/mo-per-month rentals.

Is real estate in, KS a good investment right now?

, KS shows an investability rating of 3.0/5, with median home values near $518K and average rents around $1,808/mo. That combination puts it in the impressive tier for investor interest.

Is the tenant base reliable in, KS?

, KS draws a predictable base of working renters. Demand at the $1,808/mo rent level is reasonable for standard single-family and small multi rentals.

What monthly rent should investors expect in, KS?

Rent in, KS is around $1,808/mo. The resulting rent-to-value relationship with $518K pricing is reasonable for most investor models.

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