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Rental Insights for ZIP Code 66871 (Waverly, KS)

Housing Rentals in ZIP Code 66871 (Waverly, KS)

66871 ZIP Code in Kansas

A Detailed Housing Rental Snapshot of the ZIP Code 66871

ZIP Code 66871 is principally located in Waverly, KS in Coffey County. This region of Kansas has a median housing rent payment of $817 per month. About 15.7% of all housing units in this Coffey County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 8.7%.

The median rent in ZIP Code 66871 of $817 per month is 4% lower than the aggregate Kansas median monthly rent of $850, and is 23% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 44.8% of residents in ZIP Code 66871 have a monthly rent payment between $500 and $999. That is 17% lower than in Kansas overall, in which 54.2% of total state residents pay between $500 and $999 per month for housing. Only 23.9% of renters in this Waverly, KS region pay less than $500 per month for rent.

ZIP Code 66871 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 66871

See the chart below for a comparison of monthly rental costs in ZIP Code 66871, Kansas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 66871 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 66871

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

Cost ZIP 66871 Kansas U.S.
Less than $500 23.9% 12.3% 9.4%
$500 to $999 44.8% 54.2% 36.2%
$1,000 to $1,499 31.3% 25.4% 30.0%
$1,500 to $1,999 0.0% 5.7% 14.0%
$2,000 to $2,499 0.0% 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 66871

Renters in ZIP Code 66871 use an estimated 23.65% of their income to cover their monthly rent payments. That is about 16% 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 66871 renters use about 21% less of their income to cover rent expense. Household income figures for ZIP Code 66871 come in higher than in Kansas as a whole. The median annual household income in ZIP Code 66871 of $63,400 sits approximately 6% higher than the overall Kansas median income of $59,597 and approximately 1% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 66871

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 66871, 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 66871 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 66871

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

Rent Cost as % of Income ZIP 66871 Kansas U.S.
Less than 15.0 percent 37.3% 15.9% 13.1%
15.0 to 19.9 percent 7.5% 15.1% 12.9%
20.0 to 24.9 percent 7.5% 13.7% 12.9%
25.0 to 29.9 percent 13.4% 11.8% 11.6%
30.0 to 34.9 percent 13.4% 8.8% 9.1%
35.0 percent or more 20.9% 34.7% 40.5%

Household Income in ZIP Code 66871

See the table below for the regional comparison of annual household income in ZIP Code 66871.

Income ZIP 66871 Kansas U.S.
Less than $10,000 3.7% 5.6% 6.0%
$10,000 to $14,999 5.2% 4.1% 4.3%
$15,000 to $24,999 10.1% 9.0% 8.9%
$25,000 to $34,999 7.9% 9.7% 8.9%
$35,000 to $49,999 12.0% 13.7% 12.3%
$50,000 to $74,999 14.4% 18.8% 17.2%
$75,000 to $99,999 18.4% 13.4% 12.7%
$100,000 to $149,999 17.0% 14.8% 15.1%
$150,000 to $199,999 6.0% 5.7% 6.8%
$200,000 or more 5.2% 5.3% 7.7%

Household Income in ZIP Code 66871

See the chart below for a comparison of annual household income figures in ZIP Code 66871, Kansas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 66871 alongside the same figures for the state of Kansas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 66871

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 66871.

ZIP 66871 Kansas U.S.
Median Housing Rent $817 $850 $1,062
Renter-Occupied Housing Units 15.7% 33.7% 36.0%
Rental Vacancy Rate 8.7% 7.8% 6.0%
Average Size of Renter-Occupied Unit 1.86 2.27 2.49
Average # of Bedrooms Per Unit 2.94 2.88 2.75
Percent of Income Spent on Rent 23.65% 28.17% 29.83%
Per Capita Income $33,760 $31,814 $34,103
Median Household Income $79,764 $80,009 $88,607
Living Below the Poverty Line 7.1% 7.8% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 66871

In ZIP Code 66871 (Waverly, KS), and estimated 15.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.7%.

The per capita income in 66871 is estimated at $33,760, which goes along with an estimated median household income of $79,764. About 7.1% of residents in this Coffey County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.86 occupants, while the units have an aggregate average size of 2.94 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 23.65% of their income on housing rental costs.

Rental FAQs for ZIP Code 66871

1

What is the median monthly rent in ZIP Code 66871?

Median rent for housing in ZIP Code 66871 in Coffey County in Kansas is approximately $817 per month.
2

Is it expensive to rent in ZIP Code 66871?

Rent in ZIP Code 66871 is lower than average in the state of Kansas overall. The median monthly rent of $817 in ZIP Code 66871 is approximately 4% lower than the Kansas median of $850. Additionally, median rent in this Waverly, KS region ($817) is about 23% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 66871?

High-priced rentals are not common in the Waverly, KS ZIP Code of 66871, 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 66871?

Affordable rentals are more common in ZIP Code 66871 than in Kansas overall. The percentage of housing rentals in ZIP Code 66871 costing $999 or less per month (68.7%) is approximately 3% higher 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 51% lower than the previously mentioned 66871 rate of 68.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 66871?

The most common range for rental cost in ZIP Code 66871 is between $500 and $999 per month. About 44.8% of renters in 66871 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 66871 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 66871 is higher than the rental vacancy rate in the state of Kansas overall. Rental vacancy of 8.7% in ZIP Code 66871 is about 12% higher than the Kansas rate of 7.8%. Looking more broadly, rental vacancy in this Waverly, KS region (8.7%) is an estimated 45% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 66871? How does it compare to other Kansas regions?

Median household income in ZIP Code 66871 is higher than in the state of Kansas overall. Annual household income of $63,400 in ZIP Code 66871 is about 6% higher than the Kansas median of $59,597. Additionally, median household income in this Waverly, KS region ($63,400) is approximately 1% 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 66871 spend on housing costs?

Renters in ZIP Code 66871 spend a lower amount of their income on rent costs than do renters in Kansas overall. Renters in ZIP Code 66871 spend an estimated 23.65% of their income on rent payments, which is about 16% 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 21% higher than the ZIP Code 66871 estimated rate of 23.65%.
9

Do renters in ZIP Code 66871 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 66871 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 66871 spending 30 percent or more of their income on rent costs (34.3%) is approximately 21% 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 31% higher than the aforementioned 66871 rate of 34.3%.
10

What is the average household size of renter-occupied units in ZIP Code 66871?

The average household size of renter-occupied units in ZIP Code 66871 is lower than in the state of Kansas overall. Annual household size of 1.86 in ZIP Code 66871 is about 18% lower than the Kansas median of 2.27. Additionally, median household size in this Waverly, KS region (1.86) is approximately 25% lower than median household size of 2.49 in the U.S. as a whole.