Updated 2026 · Based on median market data for Hutchinson, KS
The median monthly rent in Hutchinson, KS is $830, translating to $9,960 in annual gross rental income per unit. The rent-to-price ratio is 0.55% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Hutchinson spend approximately 18% of the local median household income ($55,200) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.
The vacancy rate in Hutchinson is 5.3%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.7% annually provides stable demand.
Hutchinson's GRM (price divided by annual rent) is 15.1x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $830/mo, a single-family rental in Hutchinson generates approximately $9,960 in gross annual income. After accounting for 5.3% vacancy ($528 lost), property taxes of $2,070, insurance (~$600), and maintenance (~$600), the estimated NOI is $6,162 per year, or $514/mo.
Hutchinson vs Kansas state average and national average across key investment metrics. Hutchinson outperforms both benchmarks on cap rate.