Real Estate Investing in Leavenworth, Kansas (66048)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66048 (Leavenworth, KS)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in Leavenworth, KS (66048)?
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Market Analysis: 66048 Leavenworth
This part of Leavenworth County is not an easy win. The 66048 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 66048 is robust only for operators who understand what they are buying. A $266K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 66048 and stronger Leavenworth ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 66048 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Leavenworth's stable or hybrid ZIPs before stepping into 66048. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Leavenworth:
Property Strategy for 66048
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $96,394 | $970 | 7.2% | +11.8% | $96,394 |
| 2BR | $147,007 | $1,100 | 5.4% | +10.4% | $73,503 |
| 3BR | $241,603 | $1,430 | 4.3% | +8.5% | $80,534 |
| 4BR | $335,603 | $1,700 | 3.6% | +7.6% | $83,901 |
| 5BR | $399,604 | — | — | +7.0% | $79,921 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 66048 Compare?
| Metric | 66048 | Leavenworth | Kansas City, MO-KS | Kansas |
|---|---|---|---|---|
| Home Value | $266,068 | $266,068 | N/A | $237,409 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.2% |
| Avg Rent | $1,255 | $1,255 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 66048 (Leavenworth, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $266,068 |
| Monthly Rent | $1,255 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +7.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 66048
Population: 35,551
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 66048
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
What price range are homes in Leavenworth, KS?
In Leavenworth, KS the median home value sits at $266K. Against the broader KS market, that reads as reasonable for most investors.
What is the renter demographic in Leavenworth, KS?
Tenant demand in Leavenworth, KS is solid. The local workforce $1,255/mo rents across most rental classes.
How does Leavenworth, KS stack up for property investment?
The 3.0/5 investability rating in Leavenworth, KS reflects its $266K prices and $1,255/mo rents. Investors generally consider it a solid option within KS.
How do landlord-tenant laws work in Leavenworth, KS?
The landlord environment in Leavenworth, KS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Leavenworth, KS a good market for FHA house hackers?
The house hack math a challenging in Leavenworth, KS. Owner-occupant buyers benefit from the $1,255/mo rents and $266K home values.
You know 66048 now. You don’t know where it ranks.
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How 66048 ranks in Kansas City, MO-KS
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