Investment metrics, interactive calculators, and data-driven analysis for Great Bend rental properties.
Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026
Pre-filled with Great Bend medians. Adjust to match a specific property.
Factor in financing to see your actual return on invested capital in Great Bend.
Great Bend, KS has a population of 50,000 and has been growing at 0.7% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $120,000 paired with median rents of $810/mo produces an estimated cap rate of 5.49%.
Property taxes at 1.38% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.3% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 2.2x, homes cost about 2.2 times the local median income of $55,200. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Great Bend presents moderate opportunities. Cap rates near 5.49% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.