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Lenexa city, KS

ZIP 66227 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 66227

Median Home Value
$423,000
Median Rent
$1,795
Affordability Snapshot
$116,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,717/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 66227 in Lenexa city, KS, a household would need roughly $116,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,717. That sits below the local median household income ($132,532), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
84.8%+30% vs US avg
x
Vacancy Rate
3.1%-70% vs US avg
x
Broadband Access
97.7%+12% vs US avg
x
4+ Bedrooms
8.1%-45% vs US avg
x
Built Pre-1939
2.5%-81% vs US avg
x
Built Post-2014
7.4%+7% vs US avg
x
Rent Burden >30%
3.0%-94% vs US avg
x
Mortgage-Free
31.2%-18% vs US avg
x
$423,000
Home Value
$1,795
Rent
2008
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.2%
  • 1-unit attached18.2%
  • 2-9 units5.2%
  • 10+ units3.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$423,000
Median rent$1,795
Owner-occupied84.8%
Vacant3.1%
Price-to-income3.2x
Est. income to buy$116,000