Is Harvey County, KS good for real estate investing?

Harvey County has an investment score of 73/100, rated as "Buy". The county ranks #88 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Harvey?

The rent-to-price ratio in Harvey County is 6.98% annually, which ranks in the 72th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Harvey?

The median home price in Harvey County is $195,778. This ranks #356 in affordability among all US counties.

Can you cash flow on rental properties in Harvey?

Based on median values with 20% down at current rates, a typical rental in Harvey County would generate negative cash flow of $286/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Harvey County

KansasPopulation: 33,959

/100

Hold

#88 of 1,000 counties

#31 in Kansas (105 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated August 31, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$195,778

Median Home Price

15% below national median

$1,138/mo

Median Rent

21% below national median

6.98%

Rent-to-Price Ratio

Top 28% nationally

-$286

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Scenario comparison

Same $1,138/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$146,833	-$30/mo	6.0%	-1.1%
Median typical MLS deal	$195,778	-$286/mo	4.5%	-7.6%
125% of median newer / premium	$244,722	-$543/mo	3.6%	-11.6%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$195,778

Down Payment (20%)$39,156

Loan Amount$156,622

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,138

Monthly P&I-$1,026

Est. Expenses (35%)-$398

Net Cash Flow-$286/mo

4.5%

Cap Rate (all cash)

-7.6%

Cash-on-Cash Return

6.98%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

73/100

Cash Flow(30%)

70/100

Based on 6.98% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

87/100

Based on 5.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

88/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (6.98%)
+Strong price appreciation (+5.2% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$286/mo)
-Negative leverage (cap rate 4.5% < mortgage rate 6.9%)

Economic Indicators

Population

33,959

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Best for

+Appreciation buyers: YoY growth is meaningfully above the long-run average
+Patient holders willing to accept negative carry for equity gains
+All-cash buyers: removing debt service flips the cap rate to actual yield
+Institutional or out-of-state investors who target appreciation markets

Skip if

−You need positive cash flow on day one at typical leverage
−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
ClayKS	74	$163,354	Est. pending	—	Buy	View
CurrentHarveyKS	73	$195,778	$1,138	6.98%	Buy
OsageKS	73	$202,915	Est. pending	—	Buy	View
MarionKS	73	$136,157	Est. pending	—	Buy	View
CowleyKS	72	$120,283	Est. pending	—	Buy	View
EllisKS	72	$241,353	Est. pending	—	Buy	View

The Bottom Line

HoldHarvey scores well overall, but a typical leveraged buy-and-hold loses $286/mo at current rates. Consider house hacking, value-add, or all-cash; otherwise a worse score with positive cash flow may be the better deal.

Harvey County in Kansas scores 73/100, ranking #88 of 1,000 US counties (top 11%). At 20% down and current rates, a median-priced rental loses about $286/month; the 6.98% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow

$-286/mo

Cap Rate

4.5%

Cash-on-Cash

-7.6%

Related markets

Cheaper alternatives to Harvey

Head-to-head comparisons

All counties in Kansas →

Rent vs buy in Kansas cities

Rent vs buy in Wichita, KSMedian $215,377 · rent $1,177/mo Rent vs buy in Overland Park, KSMedian $438,419 · rent $1,669/mo Rent vs buy in Kansas City, KSMedian $201,014 · rent $1,229/mo Rent vs buy in Olathe, KSMedian $438,419 · rent $1,669/mo Rent vs buy in Topeka, KSMedian $198,892 · rent $1,137/mo All Kansas citiesFull rent-vs-buy directory for the state

Ready to Analyze a Deal in Harvey?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets