HousingHandbookReference data

U.S. ZIP Code · KS66531

Riley County · Manhattan, KS

Typical home value

$224,099[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.8%
5-year / yr
+6.3%
10-year / yr
+5.2%

Relative price

vs U.S.
-21.1%
vs metro
-20.3%
vs state
+28.7%
ZIP 66531 location in KS
Location of ZIP 66531 in KS

Price history

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

The typical home in 66531 is worth $224,099 — 20.3% below the Manhattan, KS median. Over the past year, values have risen 7.8%. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$3,266[3]

#Climate risk

FEMA National Risk Index ratings for Riley 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
Relatively Moderate
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
No Rating
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
1,256[3]
Median household income
$79,063[3]

#Migration

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

Net migration
-265[5]
Moved in
3,390
Moved out
3,655

Schools

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

Public schools
2
Elementary
1
Middle
0
High
1
  • Riley County Grade School

    Elementary · Grades PK–8 · Riley County

    499 students

  • Riley County High School

    High · Grades 9–12 · Riley County

    213 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,133
Loan principal$179,279
Down payment$44,820
Total interest paid$228,660

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 ratio
Monthly cost to own$1,593
Monthly rent

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
57th percentile[1]
Rental yield
[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 66531?
The typical home in 66531 is worth $224,099, based on the Zillow Home Value Index.
Are home values rising in 66531?
Home values in 66531 are up 7.8% over the past year, and up 6.3% a year over five years.
What is the property tax rate in 66531?
The effective property tax rate in 66531 is 1.5% — roughly $3,266 a year on a typical home.
Who lives in 66531?
ZIP code 66531 has a population of 1,256 and a median household income of $79,063.

#Comparable ZIPs

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

  • Leonardville, KS

    Typical home
    $225,836
    Gross yield
  • Onaga, KS

    Typical home
    $209,215
    Gross yield
  • Junction City, KS

    Typical home
    $201,710
    Gross yield
    7.2%
  • Manhattan, KS

    Typical home
    $261,324
    Gross yield
    5.0%
  • Belvue, KS

    Typical home
    $273,001
    Gross yield
  • Ogden, KS

    Typical home
    $168,518
    Gross yield

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