Real Estate Investing in Ogden, Kansas (66517)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66517 (Ogden, KS)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 22.2% of homes vacant — above national norms.
What’s happening in Ogden, KS (66517)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66517 Ogden
From an investor standpoint, ZIP 66517 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $173K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 66517 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within KS, ZIP 66517 trails on several market indicators that neighboring Riley County submarkets outperform. The gap is real and solid enough to shape underwriting.
Who lives in 66517 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 66517 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Ogden:
Property Strategy for 66517
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $116,213 | $1,230 | 7.6% | +7.9% | $58,107 |
| 3BR | $182,010 | $1,710 | 6.8% | +5.1% | $60,670 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 66517 Compare?
| Metric | 66517 | Ogden | Manhattan, KS | Kansas |
|---|---|---|---|---|
| Home Value | $172,843 | $172,843 | N/A | $237,409 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.2% |
| Avg Rent | $950 | $950 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 66517 (Ogden, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $172,843 |
| Monthly Rent | $950 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +13.1% ▲ |
| 3-Year CAGR | +9.1% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (4.3%). 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 66517
Population: 1,628
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 66517
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 4,399 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Ogden, KS?
Ogden, KS median home values land near $173K. That is reasonable territory for investors looking at $950/mo-per-month rentals.
Is Ogden, KS suited for a house hack?
For house hackers, Ogden, KS is a challenging. The $950/mo rent on a unit helps defray the mortgage on a $173K property.
Is real estate in Ogden, KS a good investment right now?
Ogden, KS rates 3.0/5 for investability. With median values at $173K and rents near $950/mo, the market offers reasonable fundamentals for rental investors.
What do rentals go for in Ogden, KS?
Average rent in Ogden, KS is approximately $950/mo per month. Against $173K home values that yields a reasonable rent-to-price ratio.
Are renters plentiful in Ogden, KS?
Working renters make up the core of the Ogden, KS tenant base. The pool is reasonable for investors targeting long-term holds.
You know 66517 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66517 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 66517 ranks in Manhattan, KS
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