Best Places to Buy Rental Property in Kansas (2026)
8 Kansas cities ranked by entry price, $235,000 to $775,000, each with 100+ tracked closings inside the city limits.
There is no honest way to rank Kansas cities by rental return without rent data, and this page does not have it. What it does have is transaction evidence: the median price homes actually closed at inside each city's limits, and how many closings happened. That answers the two questions that come before any cash flow analysis, what it costs to get in and whether you can get back out.
What this page measures, and what it does not
Every city below cleared at least 100 closings in its reporting window, which filters out markets too thin to read. They are ranked cheapest first by median closed price, from $235,000 to $775,000. You will not find rent estimates, rent-to-price ratios, cap rates, cash-on-cash projections or gross yield rankings here. Resideline does not have verified rent data for these cities, so publishing those numbers would be invention rather than analysis. Entry price and transaction volume are what the data supports. Every figure describes closings inside the city limits, not the wider postal area that shares the city's name. The two can differ a lot: a postal area usually reaches into surrounding townships, which pulls the median toward whatever those townships are worth. Kansas's statewide median closed price is $355,000 across 9,381 tracked closings.
The rankings
| City | Median closed price | Closings tracked | Window |
|---|---|---|---|
| Kansas City | $235,000 | 862 | 6 months |
| Leavenworth | $242,500 | 212 | 6 months |
| Lawrence | $320,000 | 292 | 6 months |
| Shawnee | $425,000 | 457 | 6 months |
| Olathe | $465,000 | 1,129 | 6 months |
| Overland Park | $485,000 | 1,447 | 6 months |
| Lenexa | $525,000 | 444 | 6 months |
| Leawood | $775,000 | 256 | 6 months |
1. Kansas City, $235,000, 862 closings
At $235,000 the entry price is about 66 percent of the Kansas median. Resideline tracked 862 closings there over the last last six months, roughly 144 a month. About 96 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Kansas City market page.
2. Leavenworth, $242,500, 212 closings
At $242,500 the entry price is about 68 percent of the Kansas median. Resideline tracked 212 closings there over the last last six months, roughly 35 a month. About 95 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Leavenworth market page.
3. Lawrence, $320,000, 292 closings
At $320,000 the entry price is about 90 percent of the Kansas median. Resideline tracked 292 closings there over the last last six months, roughly 49 a month. Full detail is on the Lawrence market page.
4. Shawnee, $425,000, 457 closings
At $425,000 the entry price is about 120 percent of the Kansas median. Resideline tracked 457 closings there over the last last six months, roughly 76 a month. About 92 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Shawnee market page.
5. Olathe, $465,000, 1,129 closings
At $465,000 the entry price is about 131 percent of the Kansas median. Resideline tracked 1,129 closings there over the last last six months, roughly 188 a month. About 95 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Olathe market page.
6. Overland Park, $485,000, 1,447 closings
At $485,000 the entry price is about 137 percent of the Kansas median. Resideline tracked 1,447 closings there over the last last six months, roughly 241 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Overland Park market page.
7. Lenexa, $525,000, 444 closings
At $525,000 the entry price is about 148 percent of the Kansas median. Resideline tracked 444 closings there over the last last six months, roughly 74 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Lenexa market page.
8. Leawood, $775,000, 256 closings
At $775,000 the entry price is about 218 percent of the Kansas median. Resideline tracked 256 closings there over the last last six months, roughly 43 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Leawood market page.
How to use this list
Treat it as a shortlist, not an answer. A citywide median cannot price a specific address: property type, size, condition and location move a number far more than the city line does. Run any address on this list through Resideline for the comparable set behind its value.
Figures last updated August 23, 2026 from closings Resideline tracked.
Frequently Asked Questions
What is the cheapest Kansas city to buy an investment property?
Of the 8 cities on this list, Kansas City has the lowest median closed price at $235,000, measured across 862 closings tracked inside the city limits.
Which affordable Kansas market has the most transaction volume?
Overland Park, with 1,447 tracked closings and a median closed price of $485,000. More closings means a deeper comparable set to price against.
Do these rankings include rent or cash flow figures?
No. Resideline does not have verified rent data for these cities, so this page ranks on entry price and transaction volume only. Publishing yields or cash-on-cash figures without rent data would be invention rather than analysis.
Do these figures cover the city or the wider postal area?
The city. Every median and count here describes closings inside the municipal boundary, which is usually a smaller and different footprint from the postal area that shares the name.
Ready to Start Investing Smarter?
Join 2,000+ investors using Resideline.
Start free with 3 reports a month.