Manhattan, KS
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Manhattan short-term rental market based on reliable data.
Listings
266 / 492
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$22,444
Middle-Earners Revenue
Occupancy
49%
Middle-Earners Occupancy
Home Value
$281,895
Median Home Sale Price
Top Earners
$44,016
Top-Earners Revenue
Manhattan
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Manhattan.
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Generally Investor friendly
Manhattan Regulations
Riley County and Manhattan allow STRs and provide a clear licensing path with moderate fees ($200/$100), a dedicated application process, and specific but manageable operational rules (occupancy, parking, trash, quiet hours, safety). The city’s rental registration adds an extra step but is straightforward, and while HOA rules may further constrain STRs, the overall framework is predictable and supportive rather than restrictive.
Local STR Agent
STR specialist · Manhattan, KS
About Manhattan
Manhattan, Kansas, often referred to as "The Little Apple," is a vibrant city located in the northeastern part of the state. As of the most recent data, the population of Manhattan is approximately 55,000 residents. This dynamic city is situated about 120 miles west of Kansas City, making it easily accessible for travelers seeking a smaller community experience while still in proximity to a major urban center.
Manhattan is characterized by its unique blend of college-town atmosphere and the charm of a small Midwestern city. It is home to Kansas State University, a leading public research university that draws students, faculty, and visitors from around the globe, significantly contributing to the city's cultural and intellectual vibrancy.
One of the city's key attractions is the Flint Hills Discovery Center, a museum dedicated to the history and ecology of the Flint Hills region. Visitors can explore interactive exhibits that provide insights into the area's natural beauty and cultural heritage. More information can be found on their official website.
Additionally, the Konza Prairie Biological Station, a native tallgrass prairie preserve, offers scenic hiking trails and educational opportunities for nature enthusiasts and researchers alike. It's managed by Kansas State University and is a noteworthy spot for outdoor activities. Interested individuals can learn more about it through the Kansas State University website.
The city's downtown area is another highlight, featuring historic buildings, local boutiques, and an array of dining options that cater to diverse tastes. For entertainment, the Manhattan Arts Center provides a venue for theater, concerts, and art exhibits. Details about their events and programs are available on their official site.
For short-term rentals, Manhattan offers a range of accommodations from modern apartments and charming houses to eco-friendly lodges. The city's appeal to short-term renters is bolstered by the presence of Kansas State University, a rich assortment of cultural and recreational attractions, and convenient access to the scenic Flint Hills region. This makes it an ideal destination for visitors seeking both relaxation and adventure in a friendly, community-oriented environment.