Real Estate Investing in Smith County, Kansas

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

2 ZIP codes • Population: 2,829

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

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

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

πŸ“ˆ For Investors
GOOD
3.5 / 5 (64/100)

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: 20.2% of homes vacant β€” above national norms.

What’s happening in Smith County, KS?

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3.5/ 5

Investability

County-wide average

4.0/ 5

Appreciation

9.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $119,520
Avg Monthly Rent $959
ZIP Codes 2

Investing in Smith County Real Estate

Smith County spans 2 ZIP codes across 2 cities in Kansas, with a population of 2,829. The county's tepid investment metrics reflect deeper structural challenges β€” worth studying before making commitments.

Smith 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.

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

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Avg Home Value
$119,520
Avg Monthly Rent
$959
1% Rule
βœ— Below
Landlord Friendly (KS)
β˜…β˜…β˜…β˜…β˜…

Cities in Smith County

ZIP Codes in Smith County, KS

Screen every market in Smith 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 Smith County

What investment strategy works best in, KS?

A careful cash-flow rentals with hands-on management strategy, KS best. The market produces stable results for that approach at the $120K price point.

What monthly rent should investors expect in, KS?

, KS rentals go for roughly $959/mo a month. That puts gross yield in solid territory relative to $120K acquisition costs.

How qualified is the tenant pool in, KS?

, KS draws a even-keeled base of working renters. Demand at the $959/mo rent level is reasonable for standard single-family and small multi rentals.

How quickly do rentals get leased in, KS?

, KS sees elevated vacancy, which is reasonable relative to the broader KS rental market.

Community Ratings

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