Real Estate Investing in Saint Paul, Kansas (66771)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Neosho County • Population: 1,077 • Data updated: September 2026

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Should you buy in 66771 (Saint Paul, KS)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 20.7% 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 Saint Paul, KS (66771)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $161,107
Avg Monthly Rent $792
1% Rule ✗ Does Not Meet
Median Income $69,000
% Renters 24.3%

Market Analysis: 66771 Saint Paul

ZIP 66771 in Saint Paul, KS carries a sturdy set of headwinds. Home values near $161K and rents of $792/mo sit inside a market where underwriting has to be tight.

For an experienced owner, 66771 can be a a strong candidate for hunting ground — but the discount at $161K reflects genuine risk that outside investors often underestimate.

The gap between 66771 and stronger Saint Paul ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Demographically, 66771 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.

Strategically, 66771 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Saint Paul:

B Good
Buy Confidence Score: 77/100
Affordability
25/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.3× the median income
Value Trend
Rising (+4.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $792/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$177K$157K$136K$116K$95K$75KFeb 2016May 2021Jul 2026

📊 How Does 66771 Compare?

Metric 66771 Saint Paul Kansas
Home Value $161,107 $161,107 $237,409
5-Year CAGR 6.1% 6.1% 7.2%
Avg Rent $792 $792 -
Cap Rate 3.8% 3.8% -
💡 Why Invest in 66771? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 66771 (Saint Paul, KS). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.8%
Low
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $161,107
Monthly Rent $792
Price-to-Rent 17.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.9%
Cap Rate 3.8%
5-Year IRR 9.9%

📈 Home Appreciation

1-Year +4.3% ▲
3-Year CAGR +4.1% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +6.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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.

Vacancy
20.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 66771

Population: 1,077

💰 Median Household Income
$69,000
This area
$69,000
State
$67,472
USA
$74,580
🏠 Renter Occupied
24.3%
This area
24.3%
State
22.4%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-2.1%
USA
3.7%
🎓 College Educated
26.6%
This area
26.6%
State
17.3%
USA
33.7%
👤 Median Age
45.3 years
This area
45.3 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
20.7%
This area
20.7%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 94.9%
Other/Mixed 4.6%
Hispanic/Latino 0.9%
Asian 0.5%
👶 Under 18
22.7%
This area
22.7%
USA
22.0%
👴 65 and Over
23.6%
This area
23.6%
USA
17.3%
📊 Poverty Rate
1.5%
This area
1.5%
USA
11.5%

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 66771

B+ Avg School Grade
3 Schools
15.0:1 Avg Class Size
$18,532 Avg Per Pupil

Schools in This ZIP Code

A Very Good

St. Paul High School

📚 09 – 12 High School
👥
67 Students
👨‍🏫
12.0:1 Class Size
💰
$18,532 Per Student
B+ Above Average

St. Paul Elementary School

📚 Pre-K – 05 Elementary
👥
138 Students
👨‍🏫
15.3:1 Class Size
💰
$18,532 Per Student
B+ Above Average

St. Paul Middle School

📚 06 – 08 Middle
👥
51 Students
👨‍🏫
17.6:1 Class Size
💰
$18,532 Per Student
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

1 Nearby 846 Off-Campus Students
C
Labette Community College
1,454 students · 12.1 mi

Investor Insight: With 846 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How does Saint Paul, KS stack up for property investment?

Yes - Saint Paul, KS a 3.0/5 investability score. With $161K home prices against $792/mo monthly rent, the market delivers a reasonable entry point for new investors.

Does Saint Paul, KS favor landlords or tenants?

Rental owners in Saint Paul, KS deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How tight is the rental market in Saint Paul, KS?

Vacancy risk in Saint Paul, KS is elevated. That supports even-keeled cash flow for typical rental holds.

How should investors approach Saint Paul, KS?

In Saint Paul, KS the significant play is typically careful cash-flow rentals with hands-on management. The combination of $161K prices and $792/mo rents suits that approach.

Where do rents currently stand in Saint Paul, KS?

The typical rental in Saint Paul, KS commands about $792/mo monthly. That rent profile stable cash flow against the $161K purchase basis.

You know 66771 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 66771 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.

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