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Rental Insights for ZIP Code 66618 (Topeka, KS)

Housing Rentals in ZIP Code 66618 (Topeka, KS)

66618 ZIP Code in Kansas

A Detailed Housing Rental Snapshot of the ZIP Code 66618

ZIP Code 66618 is principally located in Topeka, KS in Shawnee County. This region of Kansas has a median housing rent payment of $982 per month. Approximately 9.5% of housing units in this Shawnee County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of zero.

The median rent in ZIP Code 66618 of $982 per month is 16% higher than the aggregate Kansas median monthly rent of $850, and is 8% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 41.7% of renters in ZIP Code 66618 pay between $500 and $999 per month for housing. That is 23% lower than in Kansas overall, in which 54.2% of total state residents pay between $500 and $999 per month for housing. Just 3.6% of renters in this Topeka, KS region pay between $1,500 and $1,999 for monthly rent.

ZIP Code 66618 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 66618

See the chart below for a comparison of monthly rental costs in ZIP Code 66618, Kansas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 66618 along with those in the state of Kansas and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 66618

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 66618 Kansas U.S.
Less than $500 10.4% 12.3% 9.4%
$500 to $999 41.7% 54.2% 36.2%
$1,000 to $1,499 34.0% 25.4% 30.0%
$1,500 to $1,999 3.6% 5.7% 14.0%
$2,000 to $2,499 10.4% 1.4% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 66618

Renters in ZIP Code 66618 use an estimated 22.9% of their income to cover their monthly rent payments. That is about 19% lower than in Kansas overall. The estimate for Kansas overall is 28.17% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 66618 renters use about 23% less of their income to cover rent expense. Household income figures for ZIP Code 66618 come in higher than in Kansas as a whole. The median annual household income in ZIP Code 66618 of $89,298 sits approximately 50% higher than the overall Kansas median income of $59,597 and approximately 42% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 66618

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 66618, Kansas, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 66618 along with the same calculations in the state of Kansas and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 66618

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 66618 Kansas U.S.
Less than 15.0 percent 35.0% 15.9% 13.1%
15.0 to 19.9 percent 24.9% 15.1% 12.9%
20.0 to 24.9 percent 10.0% 13.7% 12.9%
25.0 to 29.9 percent 0.0% 11.8% 11.6%
30.0 to 34.9 percent 0.0% 8.8% 9.1%
35.0 percent or more 30.1% 34.7% 40.5%

Household Income in ZIP Code 66618

See the table below for the regional comparison of annual household income in ZIP Code 66618.

Income ZIP 66618 Kansas U.S.
Less than $10,000 3.7% 5.6% 6.0%
$10,000 to $14,999 0.4% 4.1% 4.3%
$15,000 to $24,999 5.1% 9.0% 8.9%
$25,000 to $34,999 4.8% 9.7% 8.9%
$35,000 to $49,999 6.9% 13.7% 12.3%
$50,000 to $74,999 17.9% 18.8% 17.2%
$75,000 to $99,999 17.9% 13.4% 12.7%
$100,000 to $149,999 29.7% 14.8% 15.1%
$150,000 to $199,999 8.5% 5.7% 6.8%
$200,000 or more 5.0% 5.3% 7.7%

Household Income in ZIP Code 66618

See the chart below for a comparison of annual household income figures in ZIP Code 66618, Kansas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 66618 alongside the same figures for the state of Kansas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 66618

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 66618.

ZIP 66618 Kansas U.S.
Median Housing Rent $982 $850 $1,062
Renter-Occupied Housing Units 9.5% 33.7% 36.0%
Rental Vacancy Rate 0.0% 7.8% 6.0%
Average Size of Renter-Occupied Unit 2.39 2.27 2.49
Average # of Bedrooms Per Unit 3.19 2.88 2.75
Percent of Income Spent on Rent 22.9% 28.17% 29.83%
Per Capita Income $36,227 $31,814 $34,103
Median Household Income $97,989 $80,009 $88,607
Living Below the Poverty Line 3.7% 7.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 66618

In ZIP Code 66618 (Topeka, KS), and estimated 9.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 66618 is estimated at $36,227, which goes along with an estimated median household income of $97,989. About 3.7% of residents in this Shawnee County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.39 occupants, while the units have an aggregate average size of 3.19 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 22.9% of their income on housing rental costs.

Rental FAQs for ZIP Code 66618

1

What is the median monthly rent in ZIP Code 66618?

Median rent for housing in ZIP Code 66618 in Shawnee County in Kansas is approximately $982 per month.
2

Is it expensive to rent in ZIP Code 66618?

Rent in ZIP Code 66618 is higher than average in the state of Kansas overall. The median monthly rent of $982 in ZIP Code 66618 is approximately 16% higher than the Kansas median of $850. Additionally, median rent in this Topeka, KS region ($982) is about 8% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 66618?

High-priced rentals are not common in the Topeka, KS ZIP Code of 66618, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Kansas overall, approximately 0.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 66618?

Affordable rentals are less common in ZIP Code 66618 than in Kansas overall. The percentage of housing rentals in ZIP Code 66618 costing $999 or less per month (52.1%) is approximately 22% lower than the Kansas rate of 66.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 14% lower than the previously mentioned 66618 rate of 52.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 66618?

The most common range for rental cost in ZIP Code 66618 is between $500 and $999 per month. About 41.7% of renters in 66618 pay in this range for monthly rent. In comparison, approximately 54.2% of renters in the state of Kansas fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 66618 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 66618 is lower than the rental vacancy rate in the state of Kansas overall. Rental vacancy of 0.0% in ZIP Code 66618 is about 100% lower than the Kansas rate of 7.8%. Looking more broadly, rental vacancy in this Topeka, KS region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 66618? How does it compare to other Kansas regions?

Median household income in ZIP Code 66618 is higher than in the state of Kansas overall. Annual household income of $89,298 in ZIP Code 66618 is about 50% higher than the Kansas median of $59,597. Additionally, median household income in this Topeka, KS region ($89,298) is approximately 42% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 66618 spend on housing costs?

Renters in ZIP Code 66618 spend a lower amount of their income on rent costs than do renters in Kansas overall. Renters in ZIP Code 66618 spend an estimated 22.9% of their income on rent payments, which is about 19% lower than the overall Kansas estimated rate of 28.17%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 23% higher than the ZIP Code 66618 estimated rate of 22.9%.
9

Do renters in ZIP Code 66618 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 66618 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 66618 spending 30 percent or more of their income on rent costs (30.1%) is approximately 31% lower than the Kansas rate of 43.5% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 39% higher than the aforementioned 66618 rate of 30.1%.
10

What is the average household size of renter-occupied units in ZIP Code 66618?

The average household size of renter-occupied units in ZIP Code 66618 is higher than in the state of Kansas overall. Annual household size of 2.39 in ZIP Code 66618 is about 5% higher than the Kansas median of 2.27. Additionally, median household size in this Topeka, KS region (2.39) is approximately 4% lower than median household size of 2.49 in the U.S. as a whole.