Real Estate Investing in Phillips County, Kansas

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

2 ZIP codes • Population: 985

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice β€” stable market with a reasonable entry point and good rental backup if you ever need to move.

πŸ“ˆ 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
2 flags
  • High vacancy: 17.8% of homes vacant β€” above national norms.
  • Elevated poverty: 25.3% poverty rate β€” can affect rent collection.

What’s happening in Phillips County, KS?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $128,281
Avg Monthly Rent $792
ZIP Codes 2

Investing in Phillips County Real Estate

Across Phillips County's 2 ZIPs, the picture is soft β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

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

A 985 population and $N/AK household income profile is what makes Phillips 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 Phillips County, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$128,281
Avg Monthly Rent
$792
1% Rule
βœ— Below
Landlord Friendly (KS)
β˜…β˜…β˜…β˜…β˜…

Cities in Phillips County

ZIP Codes in Phillips County, KS

Screen every market in Phillips 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 Phillips County

Is in KS worth investing in?

, KS scores 3.0/5 for investability. Home values sit at $128K and rents near $792/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Do landlords face vacancy issues in, KS?

Occupancy in, KS runs even-keeled with elevated vacancy. Well-priced units at $792/mo lease on reasonable timelines.

Which real estate strategy fits, KS?

, KS investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($128K prices, $792/mo rents) make it a reasonable choice.

How does, KS stack up against KS overall?

within KS reads broadly in line with the state benchmark. Investors comparing markets should weight local data above the statewide aggregate.

Community Ratings

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