Beloit, KS

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

12 / 21

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$14,111

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$145,648

Median Home Sale Price

Top Earners

$28,846

Top-Earners Revenue

Beloit

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Beloit.

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B

Generally Investor friendly

Beloit Regulations

STRs are allowed but only in R‑2 and R‑3 as a conditional use, requiring a CUP with typical conditions (parking, noise, occupancy, signage), while R‑1 forbids STRs and MU‑R is unclear; no caps or citywide ban are present and compliance follows a known CUP process, creating moderate but manageable hurdles for investors.

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About Beloit

Beloit is a small, welcoming city in north-central Kansas, serving as the county seat of Mitchell County. With a population of roughly 3,400 residents, it carries the unhurried pace of a traditional Great Plains community while functioning as a practical base for travelers exploring the surrounding countryside. The town sits along U.S. Highway 24, approximately 70 miles north of Salina, and is best known as the gateway to Waconda Lake and the broader Mitchell County recreational area. Its brick-paved Main Street, historic courthouse, and quiet residential neighborhoods give it the kind of small-town character that appeals to visitors looking to slow down.

One of the most compelling draws in the area is Waconda Lake, also known as Glen Elder Reservoir, located about 15 to 20 miles west of Beloit. The lake is one of the largest in Kansas and anchors Glen Elder State Park, where visitors can swim, boat, fish, and camp along miles of shoreline. It is a particular favorite for walleye fishing and offers wide-open prairie skies that make it a popular stargazing spot as well. For guests who prefer a day on the water, the reservoir provides a refreshing change of pace from the surrounding farmland.

Back in town, the Mitchell County Courthouse rises from a leafy square in the heart of Beloit and remains one of the most photographed landmarks in the area, its stone tower and Romanesque Revival architecture a reminder of the prosperity of early Kansas county seats. Just a short walk away, Chautauqua Park and its historic auditorium host community events, concerts, and the kind of small-town gatherings that reward curious travelers. The grounds, which include a band shell, walking paths, and shaded picnic areas, are a pleasant stop for families and casual visitors passing through.

Just north and west of Beloit, the rolling hills and grasslands of the Smoky Hills region offer additional opportunities for hunting, hiking, and scenic drives, with several wildlife areas and roadside overlooks within a half-hour drive. The town itself also retains a handful of locally owned shops and diners that lend it a genuine, lived-in feel rather than a tourist-polished one, and the surrounding farmland and prairie give the area a striking seasonal beauty throughout the year.

Beloit appeals to short-term rental investors because it offers something increasingly rare: an authentic, affordable small-town setting within easy reach of a major outdoor destination. Visitors who come for Waconda Lake often need a comfortable, well-located place to stay, and the city's compact layout, walkable downtown, and proximity to the highway make it a natural fit. Combined with its low cost of entry and a steady seasonal draw from outdoor travelers, Beloit represents a quiet but dependable corner of the Kansas short-term rental market.

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