Kansas Vacation Rental Investment Opportunities – Starting at $2227/Month

Investing in an Airbnb vacation rental property in Kansas can be a great opportunity for those looking to achieve a high return on investment. The increasing demand for vacation rentals in the state, coupled with high occupancy rates and rising nightly rates in popular destinations, suggest that the Kansas vacation rental market is a strong one.

When analyzing potential properties, it is important to use a vacation rental data and analytics platform such as AirDNA, which can provide up-to-date market reports and property performance data. This will help you compare the occupancy rate, nightly rate, and revenue of different properties in your chosen location. Additionally, consulting with a local real estate agent or property management company with experience in the vacation rental market can also provide valuable information on areas with high ROI potential.

Reasons to Invest in Kansas’ Real Estate Market

Low Property Inventory

The first thing that urges you to invest in the Kansas Vacation rental market is low inventory. It means that properties present in the state are not enough to fulfill the needs of residents. Furthermore, not everyone has a personal home. They have to stay in rental properties and your investment will not be wasted there as you will earn some huge profits. 

High Occupancy Rate

The occupancy rate is the first thing that describes how successful your investment in the Kansas Vacation rental business could be. The occupancy rate is pretty high in this state. It means that you don’t have to wait a lot for renters. You will get them soon and they will start paying you. This will be beneficial for you.

High ROI Ratio

The return on investment ratio is the key thing that describes the earning potential of the Kansas business. A high ROI ratio will result in bigger profits. As the rental market in Kansas is very strong and well established, you can easily find a place with a high ROI ratio.

For your convenience, we have shortlisted some top places for investment in the Kansas real estate market with a high ROI ratio. Let’s start exploring them.

Top 10 Places in the Kansas Vacation Rental Market With a High ROI

1. Atlanta

Atlanta is a city in Cowley County, Kansas, United States. The high return on investment ratio makes the Atlanta market a vital place for investment in the real estate of Kansas.

• The average rental income is $1040.
• The average occupancy rate is 47%.
• The average daily rate is $126.
• The ROI ratio is around 13.72%.
• The median property price is $ 54,900.

2. Manhattan

Manhattan is a city in Kansas located on the Kansas and Big Blue rivers. These rivers add to the beauty of this place and make the Manhattan rental properties highly demanded during touring season. It is well known for its Sunset Zoo as well. It has some amazing animals such as tigers, leopards, etc. 

• The average rental income is $2227.
• The average occupancy rate is $150.
• The average daily rate is 61%.
• The ROI ratio is around 6.63%.
• The median property price is $ 227,000.

3. Minneapolis

It is a city in Kansas and the county seat of  Ottawa County. The main thing that drives the Minneapolis is the total area of this city. It is around 4.65 Km². It means people don’t have enough places for residence and prefer to live in rental homes.

• The average rental income is $1327.
• The average occupancy rate is 50%.
• The average daily rate is $179.
• The ROI ratio is around 6.99%.
• The median property price is $ 140,000.

4. Kansas City

This city is present on the eastern edge of the state. Vast Wyandotte County Lake Park offers trails, a playground, and boat rentals that attract visitors to this city. The Kansas city market is earning huge profits for its investors. 

• The average rental income is $2318.
• The average occupancy rate is $150.
• The average daily rate is 67%.
• The ROI ratio is around 7.53%.
• The median property price is $ 185,800.

5. Toronto

This city is located in Woodson County, Kansas, United States. It is present near the Verdigris River. It adds to the beauty and charm of this city and urges people to visit it at least once. Following is the Toronto rental data analysis. 

• The average rental income is $1587.
• The average occupancy rate is 33%.
• The average daily rate is $127.
• The ROI ratio is around 6.43%.
• The median property price is $ 400,000.

6. Madison

Madison is a city in Greenwood County. The Madison market will be most beneficial in May and June as a lot of visitors tour this city during these months. 

• The average rental income is $2240.
• The average occupancy rate is 59%.
• The average daily rate is $213.
• The ROI ratio is around 5.69%.
• The median property price is $234,500.

7. Arlington

Located in Reno County, the Arlington market is of prime importance in the whole state. You too will realize this fact after going through the following data analysis of this city. 

• The average rental income is $1790.
• The average occupancy rate is 63%.
• The average daily rate is $190.
• The ROI ratio is around 7.43%.
• The median property price is $ 115,000.

8. Lawrence: 

Lawrence is a college town that is home to the University of Kansas. The city offers a diverse range of activities, such as hiking and biking trails, museums, and a vibrant nightlife. This makes it a popular destination for students, families, and visitors looking to explore the area.

• The average rental income is $1890.
• The average occupancy rate is 63%.
• The average daily rate is $195.
• The ROI ratio is around 7.43%.
• The median property price is $ 115,100.

9. Lake Wilson: 

Lake Wilson is a popular destination for outdoor enthusiasts, and offers a variety of water sports, fishing, and boating opportunities. The area is also home to several parks and nature preserves, which can attract visitors looking to explore the region’s natural beauty.

• The average rental income is $2290.
• The average occupancy rate is 63%.
• The average daily rate is $195.
• The ROI ratio is around 7.43%.
• The median property price is $ 115,110.

10. Smoky Hills: 

The Smoky Hills region is popular with tourists seeking outdoor activities such as hiking, camping, and fishing. Additionally, the area is home to several historic sites, including the Fort Larned National Historic Site, which can attract visitors interested in history and culture.

• The average rental income is $2190.
• The average occupancy rate is 63%.
• The average daily rate is $215.
• The ROI ratio is around 7.43%.
• The median property price is $ 115,010.

Real Estate Vacation Rental Trends in Kansas

According to recent trends in the Kansas vacation rental market, demand for vacation rentals in the state has been on the rise. Popular destinations in Kansas include major cities such as Kansas City and Topeka, as well as more rural areas such as the Flint Hills and the Smoky Hills. The high occupancy rates and increasing nightly rates in these areas suggest that investing in a vacation rental property in Kansas could be a good option for those looking for a high return on investment. 

Also Read: New Mexico Vacation Rental

Additionally, it seems that vacation rental properties that are able to offer unique amenities and experiences, such as access to outdoor activities or proximity to popular attractions, are particularly successful in the Kansas market. It is important to note that these trends may change depending on the COVID-19 situation, as well as the overall economy, so it is always good to keep an eye on the data and consulting with a financial advisor before making any investment decisions.

How to Invest in the Best Airbnb Kansas vacation Rental for a High ROI through AirDNA

To invest in the best Airbnb Kansas vacation rental for a high return on investment (ROI) through AirDNA, you can follow these steps:

1. Research the market: Look at the vacation rental market in Kansas using AirDNA’s market reports and data to identify the best locations for rental properties.
2. Analyze potential properties: Use AirDNA’s property performance data to compare the occupancy rate, nightly rate, and revenue of different properties in your chosen location.
3. Make a purchase: Once you have identified a property with a high ROI potential, go ahead and make the purchase.
4. Optimize your listing: Use AirDNA’s data and insights to optimize your listing and pricing strategy to maximize occupancy and revenue.
5. Monitor your property’s performance: Regularly check your property’s performance using AirDNA’s data and make any necessary adjustments to your listing or pricing strategy.

Additionally, AirDNA’s insights and data can be used to optimize the listing and pricing strategy for the property, maximizing occupancy and revenue. Once you have identified a property with a high ROI potential, you can proceed to make the purchase. Once you own the property, it is important to optimize your listing and pricing strategy to maximize occupancy and revenue. This can be achieved by using AirDNA’s data and insights.

Final Thoughts

Investing in a vacation rental property in Kansas through AirDNA can be a great opportunity for those looking to achieve a high return on investment. The increasing demand for vacation rentals in the state, coupled with high occupancy rates and rising nightly rates in popular destinations, suggests that the Kansas vacation rental market is a strong one. By utilizing AirDNA’s market reports and property performance data, investors can identify the best locations and properties for their investment. 

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