Real Estate Investing in Easton, Kansas (66020)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66020 (Easton, KS)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 37.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Easton, KS (66020)?
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Market Analysis: 66020 Easton
ZIP 66020 inside Leavenworth County looks affordable on the surface — median value of $422K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 66020 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within KS, ZIP 66020 trails on several market indicators that neighboring Leavenworth County submarkets outperform. The gap is real and robust enough to shape underwriting.
Resident income in 66020 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Easton:
Market Trends
Home Value History (with trend line)
📊 How Does 66020 Compare?
| Metric | 66020 | Easton | Kansas City, MO-KS | Kansas |
|---|---|---|---|---|
| Home Value | $421,688 | $421,688 | N/A | $237,409 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 7.2% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66020 (Easton, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $421,688 |
| Monthly Rent | $927 |
| Price-to-Rent | 37.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 66020
Population: 1,763
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 66020
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Should investors worry about vacancy in Easton, KS?
Vacancy in Easton, KS is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $927/mo.
Are tenants stable in Easton, KS?
Working renters make up the core of the Easton, KS tenant base. The pool is reasonable for investors targeting long-term holds.
What is the typical home price in Easton, KS?
In Easton, KS the median home value sits at $422K. Against the broader KS market, that reads as reasonable for most investors.
Can I live-in-and-rent in Easton, KS?
House hacking in Easton, KS is a challenging. With home values around $422K and rents at $927/mo, owner-occupants can offset a meaningful share of PITI.
How do landlord-tenant laws work in Easton, KS?
KS ranks as a landlord-friendly state for landlord-tenant law. Easton generally follows the statewide framework, so landlords face reasonable operating rules.
You know 66020 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66020 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 66020 ranks in Kansas City, MO-KS
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