Real Estate Investing in Fredonia, Kansas (66736)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66736 (Fredonia, 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.
- High vacancy: 17.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fredonia, KS (66736)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 66736 Fredonia
The 66736 ZIP in Fredonia, KS is a local-operator market. Outside capital chasing a $107K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 66736 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within KS, ZIP 66736 trails on several market indicators that neighboring Wilson County submarkets outperform. The gap is real and notable enough to shape underwriting.
A durable renter share of 33% in 66736 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 66736 is an operator game, not a passive one. Put differently, entry prices of $107K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Fredonia:
Property Strategy for 66736
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $58,294 | $880 | 10.9% | +8.2% | $29,147 |
| 3BR | $128,124 | $1,100 | 6.2% | +9.1% | $42,708 |
| 4BR | $158,230 | $1,420 | 6.5% | +7.8% | $39,558 |
Market Trends
Home Value History (with trend line)
📊 How Does 66736 Compare?
| Metric | 66736 | Fredonia | Kansas |
|---|---|---|---|
| Home Value | $107,316 | $107,316 | $237,409 |
| 5-Year CAGR | 7.3% | 7.3% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 5.8% | 5.8% | - |
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 66736 (Fredonia, KS). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 66736 (Fredonia, KS)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $107,316 |
| Monthly Rent | $792 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.9% |
| Cap Rate | 5.8% |
| 5-Year IRR | 13.1% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (5.8%). 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 66736
Population: 3,517
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 66736
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.
Frequently Asked Questions
How strong is Fredonia, KS for real estate investors?
Fredonia, KS rates 3.0/5 for investability. With median values at $107K and rents near $792/mo, the market offers reasonable fundamentals for rental investors.
What kind of vacancy should I budget for in Fredonia, KS?
Fredonia, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much do tenants pay in Fredonia, KS?
Expect rents around $792/mo per month in Fredonia, KS. With home values at $107K, the yield math works out to reasonable levels for rental investors.
Is Fredonia, KS a good market for FHA house hackers?
Fredonia, KS is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $107K price point reasonable to enter.
How strong is tenant demand in Fredonia, KS?
Working renters make up the core of the Fredonia, KS tenant base. The pool is reasonable for investors targeting long-term holds.
You know 66736 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 66736 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.
AI Market Advisor
Ask questions about investing in 66736 (Fredonia)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 66736 (Fredonia, KS).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.