HousingHandbookReference data

U.S. ZIP Code · KS66047

Douglas County · Lawrence, KS

Typical home value

$355,199[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+5.5%
10-year / yr
+5.9%

Relative price

vs U.S.
+25.0%
vs metro
≈ metro median
vs state
+104.0%
ZIP 66047 location in KS
Location of ZIP 66047 in KS

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 66047 is worth $355,199. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,710 a month — a 5.8% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,710[2]
Gross yield
5.8%[2]
Cap rate
3.5%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$4,116[3]

#Climate risk

FEMA National Risk Index ratings for Douglas County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
No Rating
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Very High

#Who lives here

Population
20,473[3]
Median household income
$65,392[3]

#Migration

Household moves in and out of Douglas County over a year, from IRS tax-return data.

Net migration
-192[5]
Moved in
3,886
Moved out
4,078

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
1
High
0
  • Lawrence Southwest Middle School

    Middle · Grades 6–8 · Lawrence

    654 students

  • Sunflower Elementary

    Elementary · Grades K–5 · Lawrence

    452 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.8%
Net yield (after ~40% expenses)3.5%
Annual rent$20,516

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,796
Loan principal$284,159
Down payment$71,040
Total interest paid$362,430

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.42
Monthly cost to own$2,435
Monthly rent$1,710

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
67th percentile[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 66047?
The typical home in 66047 is worth $355,199, based on the Zillow Home Value Index.
Are home values rising in 66047?
Home values in 66047 are up 2.5% over the past year, and up 5.5% a year over five years.
What is the typical rent in 66047?
A typical home in 66047 rents for about $1,710 a month, a gross rental yield of 5.8%.
What is the property tax rate in 66047?
The effective property tax rate in 66047 is 1.2% — roughly $4,116 a year on a typical home.
Who lives in 66047?
ZIP code 66047 has a population of 20,473 and a median household income of $65,392.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Baldwin City, KS

    Typical home
    $364,156
    Gross yield
  • Eudora, KS

    Typical home
    $334,994
    Gross yield
  • Lecompton, KS

    Typical home
    $377,049
    Gross yield
  • Lawrence, KS

    Typical home
    $395,592
    Gross yield
    5.4%
  • Lawrence, KS

    Typical home
    $291,606
    Gross yield
    7.0%
  • Lawrence, KS

    Typical home
    $279,331
    Gross yield
    4.4%

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