Real Estate Investing in Riley County, Kansas

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

6 ZIP codes • Population: 65,220

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

🏠 For Homebuyers
MIXED
Grade C (60/100)

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
1 flag
  • High vacancy: 12.0% of homes vacant β€” above national norms.

What’s happening in Riley County, KS?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $263,851
Avg Monthly Rent $1,105
ZIP Codes 6

Investing in Riley County Real Estate

This is a distressed-leaning county in Kansas: Riley has 5 cities, 6 ZIPs, and investment math that only works for investors with genuine local understanding.

The investment case for Riley County is difficult to make on screen data alone. a challenging fit for a 3.0 rating and cap rates that appear attractive only until real vacancy is underwritten.

Demographics in Riley show real pressure β€” $N/AK median income is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

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

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Avg Home Value
$263,851
Avg Monthly Rent
$1,105
1% Rule
βœ— Below
Landlord Friendly (KS)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Manhattan, KS metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
0/2
33 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Riley County

4 Colleges 21,081 Students 4,399 Off-Campus Renters
B
Kansas State University
4-Year Public Β· 19,745 students
πŸ“ ~3,593 students rent off-campus
C
Manhattan Area Technical College
2-Year Public Β· 968 students
πŸ“ ~806 students rent off-campus
C
Bellus Academy
Vocational For-Profit Β· 223 students
C
Manhattan Christian College
4-Year Private Β· 145 students

Investor Insight: With 4,399 students living off-campus, Riley County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Riley County

ZIP Codes in Riley County, KS

Screen every market in Riley 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 Riley County

Is KS a landlord-friendly state?

KS ranks as a tenant-protective state for landlord-tenant law. generally follows the statewide framework, so landlords face reasonable operating rules.

How much do tenants pay in, KS?

The typical rental in, KS commands about $1,105/mo monthly. That rent profile steady cash flow against the $264K purchase basis.

How qualified is the tenant pool in, KS?

Working renters make up the core of the, KS tenant base. The pool is reasonable for investors targeting long-term holds.

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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