Real Estate Investing in Sherman County, Kansas

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

1 ZIP codes • Population: 5,203

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

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

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 (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: 22.3% of homes vacant β€” above national norms.

What’s happening in Sherman County, KS?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

7.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $152,591
Avg Monthly Rent $837
ZIP Codes 1

Investing in Sherman County Real Estate

Across Sherman County's 1 ZIPs, the picture is soft β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Sherman County sits firmly in that category.

The 0% renter share in Sherman 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 Sherman County, KS. Anonymous, moderated, never written by AI.

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Avg Home Value
$152,591
Avg Monthly Rent
$837
1% Rule
βœ— Below
Landlord Friendly (KS)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Sherman County

1 College 725 Students
C+
Northwest Kansas Technical College
2-Year Public Β· 725 students

Cities in Sherman County

ZIP Codes in Sherman County, KS

Screen every market in Sherman 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 Sherman County

How should investors approach, KS?

A careful cash-flow rentals with hands-on management strategy, KS best. The market produces steady results for that approach at the $153K price point.

How does the, KS market compare with KS as a whole?

Versus statewide KS, is broadly in line with. Its 3.0/5 investability score reflects that position.

What is the typical rental rate in, KS?

Rent in, KS is around $837/mo. The resulting rent-to-value relationship with $153K pricing is reasonable for most investor models.

Are landlord laws favorable in, KS?

, KS falls under KS landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

Community Ratings

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