Real Estate Investing in Pittsburg, Kansas (66762)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 66762 (Pittsburg, 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: 12.3% of homes vacant — above national norms.
What’s happening in Pittsburg, KS (66762)?
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Market Analysis: 66762 Pittsburg
Looking more closely, ZIP 66762 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $140K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 66762 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 66762's metrics run below Crawford County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 66762 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.
Strategy in 66762 is an operator game, not a passive one. Looking more closely, entry prices of $140K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Pittsburg:
Property Strategy for 66762
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $42,315 | $710 | 12.1% | +4.9% | $42,315 |
| 2BR | $74,236 | $930 | 9.0% | +8.8% | $37,118 |
| 3BR | $162,344 | $1,290 | 5.7% | +8.8% | $54,115 |
| 4BR | $248,341 | $1,560 | 4.5% | +8.3% | $62,085 |
| 5BR | $344,501 | — | — | +7.1% | $68,900 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 66762 Compare?
| Metric | 66762 | Pittsburg | Pittsburg, KS | Kansas |
|---|---|---|---|---|
| Home Value | $139,782 | $139,782 | N/A | $237,409 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 7.2% |
| Avg Rent | $914 | $914 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
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 66762 (Pittsburg, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $139,782 |
| Monthly Rent | $914 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 66762
Population: 24,814
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 66762
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 do rentals go for in Pittsburg, KS?
Rents in Pittsburg, KS run near $914/mo. Compared with median home prices of $140K that produces solid gross yields for typical rentals.
Is Pittsburg, KS a friendly market for rental owners?
Pittsburg, KS operates under KS law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
How do home values compare in Pittsburg, KS?
Median home price in Pittsburg, KS is near $140K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
What kind of market is Pittsburg, KS for investors?
Pittsburg, KS scores 3.0/5 for investability. Home values sit at $140K and rents near $914/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What type of investing works in Pittsburg, KS?
Most investors in Pittsburg, KS run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 66762 now. You don’t know where it ranks.
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How 66762 ranks in Pittsburg, KS
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