Kansas

Morris County

ZIP 66838

5,388 residents2 permits TTM$56,716 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$120,900

ACS 5-Year

Cap rate proxy

7.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.0%

HUD FMR ÷ ACS HHI

Net migration

IRS SOI

Permits (TTM)

2

Census BPS

Climate risk

27.4

FEMA NRI (0–100)

ZIP 66838

Median home value

$120,900

Gross yield

8.7%

Cap rate

7.1%

Rent gap

18.9%

Affordability

P/I: 2.1R/I:

Section 8 detail

SAFMR: $877Rent: $711Gap: 23.3%
ZIP code breakdown6 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
66838$120,900county est.$8778.7%7.1%18.9%
66846$204,329$8775.2%4.2%18.9%
66849$120,900county est.$8778.7%7.1%18.9%
66872$120,900county est.$8778.7%7.1%18.9%
66873$120,900county est.$8778.7%7.1%18.9%

Ranked by composite score

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Demographics

Owner-occupied

79.2%

Census ACS

Vacancy rate

16.4%

Census ACS

Bachelor's degree +

27.3%

Census ACS

Rent burdened

18.8%

Census ACS (>30% income)

Median age

48.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026