Real Estate Investing in Benton, Kansas (67017)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67017 (Benton, 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.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Benton, KS (67017)?
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Market Analysis: 67017 Benton
This part of Butler County is not an easy win. The 67017 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $341K asset, 67017 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Benton have seen price recovery that 67017 has not matched. Butler County data supports the view that the spread is structural rather than temporary.
Employment concentration in 67017 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 67017 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Benton:
Property Strategy for 67017
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $231,866 | $1,340 | 4.2% | +7.3% | $115,933 |
| 3BR | $292,693 | $1,760 | 4.3% | +8.0% | $97,564 |
| 4BR | $412,203 | $2,180 | 3.8% | +6.9% | $103,051 |
Market Trends
Home Value History (with trend line)
📊 How Does 67017 Compare?
| Metric | 67017 | Benton | Wichita, KS | Kansas |
|---|---|---|---|---|
| Home Value | $340,719 | $340,719 | N/A | $237,409 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.2% |
| Avg Rent | $1,206 | $1,206 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 67017 (Benton, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $340,719 |
| Monthly Rent | $1,206 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.8%). 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 67017
Population: 2,058
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 67017
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 11,155 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Benton, KS a good investment right now?
Benton, KS scores 3.0/5 for investability. Home values sit at $341K and rents near $1,206/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What kind of vacancy should I budget for in Benton, KS?
Benton, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Where do rents currently stand in Benton, KS?
The typical rental in Benton, KS commands about $1,206/mo monthly. That rent profile consistent cash flow against the $341K purchase basis.
How expensive is real estate in Benton, KS?
The median home value in Benton, KS is roughly $341K. That puts it reasonable relative to the KS statewide average.
What kind of tenants rent in Benton, KS?
Benton, KS offers a stable renter base at the $1,206/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 67017 now. You don’t know where it ranks.
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How 67017 ranks in Wichita, KS
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