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Chanute city, KS

ZIP 66720 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 66720

Median Home Value
$91,900
Median Rent
$466
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$590/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 66720 in Chanute city, KS, a household would need roughly $25,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $590. That sits below the local median household income ($55,479), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.9%+13% vs US avg
x
Vacancy Rate
11.3%+10% vs US avg
x
Broadband Access
83.0%-5% vs US avg
x
4+ Bedrooms
2.3%-84% vs US avg
x
Built Pre-1939
9.1%-29% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
50.1%+31% vs US avg
x
$91,900
Home Value
$466
Rent
1955
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached85.7%
  • 1-unit attached1.1%
  • 2-9 units5.2%
  • 10+ units4.2%
  • Mobile home & other3.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$91,900
Median rent$466
Owner-occupied73.9%
Vacant11.3%
Price-to-income1.7x
Est. income to buy$25,000