Real Estate Investing in Gardner, Kansas (66030)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66030 (Gardner, KS)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Gardner, KS (66030)?
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Market Analysis: 66030 Gardner
Investors eyeing 66030 need to respect the fundamentals at play. Home values of $356K come alongside slower price movement and elevated management overhead.
Rent of $1,624/mo on a $356K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 66030 sits below the stated 0.0% once reality is priced in.
Regionally, 66030 sits on the difficult end of the KS spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 66030 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 66030 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Gardner:
Property Strategy for 66030
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $240,994 | $1,480 | 4.4% | +7.0% | $120,497 |
| 3BR | $321,853 | $1,930 | 4.3% | +6.7% | $107,284 |
| 4BR | $384,132 | $2,290 | 4.3% | +5.8% | $96,033 |
| 5BR | $467,279 | — | — | +5.9% | $93,456 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 66030 Compare?
| Metric | 66030 | Gardner | Kansas City, MO-KS | Kansas |
|---|---|---|---|---|
| Home Value | $355,738 | $355,738 | N/A | $237,409 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 7.2% |
| Avg Rent | $1,624 | $1,624 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 66030 (Gardner, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $355,738 |
| Monthly Rent | $1,624 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 66030
Population: 25,964
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 66030
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
Investor Insight: With 5,786 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Gardner, KS?
Median home price in Gardner, KS is near $356K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Do landlords face vacancy issues in Gardner, KS?
Rental vacancy in Gardner, KS is elevated. Investors should budget normal turnover but not chronic empty units.
How deep is the rental pool in Gardner, KS?
Expect a solid tenant pool in Gardner, KS. The rental market absorbs $1,624/mo rents without meaningful friction.
Is Gardner, KS landlord-friendly?
KS law landlord-friendly for landlords, and Gardner inherits those rules. Investors should still review local ordinances for rental licensing.
How much rent can I charge in Gardner, KS?
Gardner, KS rentals go for roughly $1,624/mo a month. That puts gross yield in solid territory relative to $356K acquisition costs.
You know 66030 now. You don’t know where it ranks.
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How 66030 ranks in Kansas City, MO-KS
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