Mcpherson, KS

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

66 / 90

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$23,222

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$220,766

Median Home Sale Price

Top Earners

$39,379

Top-Earners Revenue

Mcpherson

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Mcpherson.

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B

Generally Investor friendly

Mcpherson Regulations

STRs are legally permitted under Kansas law with simple state tax registration and no identified McPherson permits or caps, but the absence of local ordinances creates uncertainty on zoning and enforcement, raising investor risk to moderate.

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About Mcpherson

McPherson is a small, welcoming city in central Kansas and serves as the county seat of McPherson County. With a population of approximately 13,500, it carries the unhurried, neighborly character of the Kansas heartland, with a brick-paved downtown square, tree-lined residential streets, and a strong community identity tied to local agriculture and to its colleges, most notably McPherson College. The city functions as a regional hub for surrounding farming communities and is a convenient pause along Interstate 135. It sits roughly 50 miles north-northwest of Wichita, the nearest major metropolitan area, and about 40 miles south of Salina.

Just outside McPherson, the Maxwell Wildlife Refuge offers a scenic glimpse of the prairie as it once was. Located a short drive southwest of the city near Canton, the refuge is a roughly 2,800-acre preserve home to a free-roaming herd of American bison and elk, and it draws photographers, families, and travelers seeking a quieter alternative to the larger national parks of the West. Visitors can drive a winding loop road through native grasslands and woodlands, with viewing opportunities that vary by season. The site is a particularly striking stop in the early morning or late afternoon when the animals are most active.

In town, the McPherson Opera House and the surrounding downtown district are worth a slow afternoon's exploration. The restored opera house remains an active community venue, hosting concerts and theatrical performances, while nearby blocks include locally owned restaurants, antique shops, and the McPherson Museum, which chronicles the area's pioneer and oil-boom history. Tree-shaded parks such as Lakeside Park add green space for picnics and family time, and local walking and biking paths connect residential neighborhoods to the downtown core.

For a longer day trip, Kanopolis State Park lies about an hour northwest of McPherson in the rolling Smoky Hills. The park centers on a reservoir that is popular for fishing, boating, and swimming, while its surrounding bluffs and canyons offer hiking, horseback riding, and a glimpse of Dakota sandstone formations that define the region. It is a comfortable drive for a full day's outing and adds a real outdoor dimension to any stay in the area.

All of these elements make McPherson a comfortable base for travelers exploring central Kansas. Its central location, easy access to Wichita and Salina, and proximity to wildlife refuges, state parks, and the wider Flint Hills region offer a range of experiences within an easy drive, while the small-town pace keeps any visit grounded in a strong sense of place.

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