Real Estate Investing in Howard, Kansas (67349)

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

Elk County • Population: 764 • Data updated: September 2026

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Should you buy in 67349 (Howard, KS)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
GOOD
4.0 / 5 (71/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
1 flag
  • High vacancy: 27.4% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Howard, KS (67349)?

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4.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $98,359
Avg Monthly Rent $792
1% Rule ✗ Does Not Meet
Median Income $61,071
% Renters 19.6%

Market Analysis: 67349 Howard

The 67349 ZIP in Howard, KS is a local-operator market. Outside capital chasing a $98K entry has to pair deep knowledge with the discount.

For an experienced owner, 67349 can be a worth a close look for hunting ground — but the discount at $98K reflects genuine risk that outside investors often underestimate.

In the broader KS picture, 67349 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 67349 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 67349 is an operator game, not a passive one. From a cash-flow lens, entry prices of $98K are inviting, the management lift is real and non-optional.

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 Howard:

B+ Great
Buy Confidence Score: 80/100
Affordability
25/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.6× the median income
Value Trend
Rising (+22.7%)
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: This area shows favorable conditions for homebuyers. Solid fundamentals with reasonable affordability.

Market Trends

Home Value History (with trend line)

$107K$95K$82K$70K$58K$46KFeb 2016May 2021Jul 2026

📊 How Does 67349 Compare?

Metric 67349 Howard Kansas
Home Value $98,359 $98,359 $237,409
5-Year CAGR 10.3% 10.3% 7.2%
Avg Rent $792 $792 -
Cap Rate 6.3% 6.3% -
💡 Why Invest in 67349? Click to expand

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 67349 (Howard, KS). Anonymous, moderated, never written by AI.

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Investability
Excellent
Cap Rate
6.3%
Good
5yr Growth
+10.3%
Strong

📊 Market Snapshot

Home Value $98,359
Monthly Rent $792
Price-to-Rent 10.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.7%
Cap Rate 6.3%
5-Year IRR 16.6%

📈 Home Appreciation

1-Year +22.7% ▲
3-Year CAGR +11.4% ▲
5-Year CAGR +10.3% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 6.3%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.3%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
27.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+10.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 67349

Population: 764

💰 Median Household Income
$61,071
This area
$61,071
State
$67,472
USA
$74,580
🏠 Renter Occupied
19.6%
This area
19.6%
State
22.4%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-2.1%
USA
3.7%
🎓 College Educated
26.4%
This area
26.4%
State
17.3%
USA
33.7%
👤 Median Age
45.9 years
This area
45.9 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
27.4%
This area
27.4%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 95.0%
Other/Mixed 4.1%
Asian 0.6%
Black/African American 0.3%
Hispanic/Latino 0.1%
👶 Under 18
27.6%
This area
27.6%
USA
22.0%
👴 65 and Over
23.2%
This area
23.2%
USA
17.3%
📊 Poverty Rate
17.3%
This area
17.3%
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 67349

C+ Avg School Grade
2 Schools
23.5:1 Avg Class Size

Schools in This ZIP Code

B+ Above Average

West Elk Schools

📚 Pre-K – 12 K-12
👥
375 Students
👨‍🏫
10.7:1 Class Size
D Needs Improvement

West Elk Virtual Academy

📚 K – 12 K-12
👥
232 Students
👨‍🏫
36.3:1 Class Size
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

Which investment style suits Howard, KS?

A careful cash-flow rentals with hands-on management strategy Howard, KS best. The market produces consistent results for that approach at the $98K price point.

Are rents high in Howard, KS?

Howard, KS rentals go for roughly $792/mo a month. That puts gross yield in solid territory relative to $98K acquisition costs.

How strong is the working-renter base in Howard, KS?

The renter base in Howard, KS is reasonable for the $792/mo price point. Screening well and pricing to market typically yields stable tenants.

How viable is house hacking in Howard, KS?

The house hack math a challenging in Howard, KS. Owner-occupant buyers benefit from the $792/mo rents and $98K home values.

How do landlord-tenant laws work in Howard, KS?

KS law landlord-friendly for landlords, and Howard inherits those rules. Investors should still review local ordinances for rental licensing.

You know 67349 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 67349 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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