Updated 2026 · Based on median market data for Pittsburg, KS
The median monthly rent in Pittsburg, KS is $940, translating to $11,280 in annual gross rental income per unit. The rent-to-price ratio is 0.72% — below the 1% rule but within a range where deals can work with good financing.
Renters in Pittsburg spend approximately 20% 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 Pittsburg 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.
Pittsburg's GRM (price divided by annual rent) is 11.5x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $940/mo, a single-family rental in Pittsburg generates approximately $11,280 in gross annual income. After accounting for 5.3% vacancy ($598 lost), property taxes of $1,794, insurance (~$520), and maintenance (~$520), the estimated NOI is $7,848 per year, or $654/mo.
Pittsburg vs Kansas state average and national average across key investment metrics. Pittsburg outperforms both benchmarks on cap rate.