Altoona, KS

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Altoona short-term rental market based on reliable data.

Listings

19 / 33

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$14,043

Middle-Earners Revenue

Occupancy

36%

Middle-Earners Occupancy

Home Value

$104,662

Median Home Sale Price

Top Earners

$24,377

Top-Earners Revenue

Altoona

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Altoona.

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C

Challenging to Investors

Altoona Regulations

STRs are allowed by default with no documented city cap or special prohibition, but investors must confirm zoning, secure HOA approvals, and comply with Kansas lodging standards plus county transient guest and sales taxes—creating a moderate compliance burden and notable uncertainty that raises risk and can deter some investors.

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About Altoona

Altoona is a small city of approximately 380 residents in Wilson County, in the southeastern quadrant of Kansas. Tucked into the rolling landscape of the river country that defines this corner of the state, it has the unhurried character typical of rural prairie communities, with grain elevators and quiet residential streets defining its core. It sits about 120 miles southeast of Wichita, roughly a two-hour drive to the northwest, and serves as a modest gateway to the woodlands, reservoirs, and oil-era history of southeast Kansas. The town is best understood as a base from which travelers can explore the broader region rather than as a destination in its own right.

Just down the road, the town of Neodesha lies only a few miles south and offers a tangible connection to the early petroleum industry that transformed the region. The completion of the Norman No. 1 well here in the 1890s made Neodesha home to the first commercially successful oil well in Kansas, and the community still preserves that heritage through local historical markers and small museums. Visitors interested in Kansas oil-patch history can wander the town in well under an hour and continue on toward other regional stops.

A short drive farther south brings travelers to Independence, the seat of neighboring Montgomery County and home to a Little House on the Prairie site associated with the brief Kansas residency of the Ingalls family in the 1870s. Reached in roughly 30 to 40 minutes by car, Independence pairs its Laura Ingalls Wilder connection with a walkable historic downtown and the broader Montgomery County history that includes its place in the era of the Dalton Gang outlaws.

To the north and west of Altoona, the landscape opens into a network of state parks built around reservoirs that were originally constructed for flood control. Fall River State Park, with its lake, wooded campgrounds, and trails, sits within about a 40- to 50-minute drive and offers fishing, swimming, and a quiet alternative to busier Midwestern outdoor destinations. Visitors can also reach Cross Timbers State Park and Toronto Lake in a similar timeframe, both of which anchor the rolling oak-hickory woodlands that give this part of Kansas a surprisingly green, forested feel.

Altoona's appeal for a short-term rental comes precisely from what it is not: it is not a crowded resort town or a busy freeway interchange. It is a quiet, central location from which guests can reach a layered mix of prairie history, oil boom towns, and lake country within easy day-trip range. For travelers seeking a slow-paced base in southeast Kansas, that combination of seclusion and regional accessibility makes Altoona an unusually versatile anchor.

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