Rental numbers for Shawnee County, KS
The typical home here runs -$605 a month at 7.78% with 25% down, breaking even at about 1.2%. 1 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.5%.
- Gross yield
- 7.4%
- typical home, Zillow
- Median ZIP yield
- 8.5%
- 9 ZIPs with full data
- Cash flow
- -$605/mo
- at 7.78%, 25% down
- Typical price
- $208,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,287/mo
- Zillow ZORI, Aug 2026
ZIP codes in Shawnee County
22 with published figures
| 66607Topeka | $76,000 | $1,300 | 20.6% | 12.7% | +$391 | n/a |
| 66603Topeka | $65,000 | $890* | 16.4% | 9.0% | +$138 | n/a |
| 66612Topeka | $68,000 | $890* | 15.8% | 8.2% | +$100 | n/a |
| 66619Topeka | $136,000 | $1,490* | 13.1% | 7.5% | +$122 | n/a |
| 66616Topeka | $104,000 | $1,070* | 12.3% | 6.2% | -$21 | n/a |
| 66608Topeka | $111,000 | $980* | 10.6% | 4.9% | -$144 | n/a |
| 66609Topeka | $247,000 | $2,031 | 9.9% | 4.8% | -$337 | n/a |
| 66606Topeka | $139,000 | $1,074 | 9.3% | 4.2% | -$258 | n/a |
| 66611Topeka | $163,000 | $1,183 | 8.7% | 4.0% | -$338 | n/a |
| 66605Topeka | $162,000 | $1,155 | 8.5% | 3.8% | -$365 | +5.1% |
| 66614Topeka | $242,000 | $1,652 | 8.2% | 3.8% | -$544 | +7.5% |
| 66604Topeka | $163,000 | $1,098 | 8.1% | 3.3% | -$429 | +6.2% |
| 66533Rossville | $238,000 | $1,090* | 5.5% | 1.5% | -$988 | n/a |
| 66617Topeka | $279,000 | $1,238 | 5.3% | 1.6% | -$1,131 | n/a |
| 66615Topeka | $321,000 | $1,405 | 5.3% | 1.4% | -$1,347 | n/a |
| 66618Topeka | $310,000 | $1,270* | 4.9% | 1.3% | -$1,340 | n/a |
| 66610Topeka | $389,000 | $1,580* | 4.9% | 1.3% | -$1,681 | n/a |
| 66402Auburn | $286,000 | $1,070* | 4.5% | 0.8% | -$1,348 | n/a |
| 66539Silver Lake | $283,000 | $960* | 4.1% | 0.4% | -$1,439 | n/a |
| 66542Tecumseh | $309,000 | $1,040* | 4.0% | 0.3% | -$1,584 | n/a |
| 66546Wakarusa | $324,000 | $1,030* | 3.8% | 0.4% | -$1,651 | n/a |
| 66409Berryton | $376,000 | $1,030* | 3.3% | 0.1% | -$1,988 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.1%
- Rent, 12 months
- +5.0%
- Rent minus price growth
- +4.8 pts
- Property tax
- 1.49%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $157,860 | $939 |
| Aug 2022 | $177,960 | $1,040 |
| Aug 2023 | $190,897 | $1,101 |
| Aug 2024 | $202,301 | $1,174 |
| Aug 2025 | $208,180 | $1,226 |
| Aug 2026 | $208,473 | $1,287 |
HUD Fair Market Rent
FY2027, Topeka, KS MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $866 | $913 | $1,172 | $1,564 | $1,586 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 5.3
- 399 units, last 12 months
- National percentile
- 50th
- among US counties
Tools
Test a listing in Shawnee County against today's rate.
Open the calculatorPart of the Topeka, KS metro.
Questions
- Is Shawnee County good for rental property?
- The typical home here runs -$605 a month at 7.78% with 25% down, breaking even at about 1.2%. 1 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.5%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Shawnee County?
- About 1.49% of value, from Census ACS median taxes paid over median home value. On a $208,000 home that is about $3,117 a year.
- What is Fair Market Rent in Shawnee County?
- HUD's FY2027 Fair Market Rent here is $913 for a 1-bedroom, $1,172 for a 2-bedroom and $1,564 for a 3-bedroom. Typical cash flow at today's rate is -$605 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.