ZIP reports / KS / 66062
ZIP rental intelligence · 2026-06

ZIP 66062, Olathe, KS

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 66062?

The latest Zillow ZORI for ZIP 66062 is $1,853 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,8532026-06 · up 3.8% year over year
ACS median gross rent$1,359ACS 2024 5-year survey · ±$63 margin of error
HUD two-bedroom standard$1,560Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 66062
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,497ZORI scaled by the local HUD bedroom ladder$1,260HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,639ZORI scaled by the local HUD bedroom ladder$1,380HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,853ZORI scaled by the local HUD bedroom ladder$1,560HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$2,411ZORI scaled by the local HUD bedroom ladder$2,030HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,875ZORI scaled by the local HUD bedroom ladder$2,420HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$117,585ACS 2024 5-year · ±$3,612 MOE
Renter share26.7%7,796 renter households
Rent burden 30%+40.8%3,178 observed households
Housing vacancy2.3%686 of 29,892 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 66062Zillow asking-rent index$1,853ACS median gross rent$1,359HUD two-bedroom standard$1,560

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 66062ACS median household income$117,585Income at 30% of ZIP ZORI$74,120

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 66062Studio$1,497One bedroom$1,639Two bedrooms$1,853Three bedrooms$2,411Four bedrooms$2,875

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 6606230% or more of income3,178 householdsBelow 30%4,618 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 66062ZIP 66062$1,853Olathe city$1,900Johnson County county$1,815Kansas City, MO-KS metro$1,545

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 66062; missing months remain gaps$1,908$1,741$1,575$1,4082021-062023-122026-06
Five-year change
26.7%exact same-month endpoints
Largest observed drawdown
1.9%peak to a later observed month
Annualized monthly variability
2.5%114 consecutive returns
Monthly coverage
100.0%115 of 115 months
Decision brief

What the evidence says for ZIP 66062

At June 2026, the distinctive decision question for 66062 is whether a current ZIP-wide rent benchmark can be used only as a starting point for a specific home, rather than as its quoted price. Zillow ZORI is $1,853 per month, up 3.84% from a year earlier. ZORI is a typical observed asking-rent index blended across rental types, so it describes a ZIP-level market signal rather than a lease, a median of occupied homes, or a bedroom-specific quote. The five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match. A ZCTA is a statistical area created for Census tabulation and is not identical to a USPS delivery ZIP. That geographic distinction matters when a property’s mailing ZIP, listing geography, or Census comparison is being checked.

Bedroom framing is useful, but all bedroom amounts here are modelled rather than directly collected rents. HUD FMR/SAFMR is an administrative, bedroom-specific standard, not asking rent. For FY2026, the local HUD ladder is $1,260 for a studio, $1,380 for one bedroom, $1,560 for two bedrooms, $2,030 for three bedrooms, and $2,420 for four bedrooms. Scaling the ZIP ZORI by this local HUD ladder, with the two-bedroom standard as the base, produces modelled monthly ZIP estimates of $1,497, $1,639, $1,853, $2,411, and $2,875 in that order. The estimates preserve the local HUD relative bedroom pattern around the blended ZORI. They are modelled estimates, never measured bedroom rents, and do not establish a price for an individual listing.

Income and burden signals draw solely from the matched-ZCTA ACS 2024 five-year survey. Its median household income is $117,585, a broad all-household statistic rather than a renter-income median. Annualizing the ZORI gives a $74,120 income amount at the 30% screen; that screen is arithmetic, not advice, a household outcome, or an applicant qualification rule. The corresponding index-to-median-income relationship is 18.91%, which is also not the ACS burden statistic. The survey estimates 7,796 renter-occupied homes, representing 26.69% of occupied homes. Within the renter burden universe, 3,178 renter households, or 40.76%, are reported at or above the 30% gross-rent-burden threshold. This is an aggregate observed burden measure; it cannot assign burden to a particular unit or household.

ACS housing inventory for the matched ZCTA contains 29,892 housing units, including 29,206 occupied units and 686 vacant units, for a 2.29% vacancy rate. Of the recorded vacancies, 337 are classified for rent, 89 for sale, and 33 for seasonal use. The for-rent classification is not a count of currently advertised, lease-ready, comparable, or still-available homes. At the structure level, the inventory reports 24,140 single-family units and 2,053 large-multifamily units. These are stock counts, not evidence that one structure type causes the rent index, that vacant homes will enter the rental market, or that any particular property can be leased at the ZIP benchmark.

Rent comparisons must retain their definitions. The ACS 2024 five-year matched-ZCTA median gross rent is $1,359. The current ZORI exceeds it by $494, or 36.35%. ACS median gross rent is a five-year survey measure of occupied renter homes and includes selected utilities; it is neither contemporaneous asking rent nor necessarily a rental-type match. Separately, the ZORI is 18.78% above the local HUD two-bedroom standard. HUD FMR/SAFMR is an administrative bedroom-specific standard, not asking rent. The two gaps are definition and benchmark comparisons only; they do not quantify a rent change for the same homes, value utilities, or establish an individual property’s price.

Broader geographies give a location-scale comparison, but are not replacements for the ZIP signal. The City of Olathe context’s current-rent figure is approximately $1,900; the Johnson County context’s is $1,815; and the Kansas City, MO-KS metro context’s is $1,545. Thus the ZIP index is below the city context and above the county and metro contexts. The City of Olathe context’s renter share and vacancy rate, the Johnson County context equivalents, and the Kansas City, MO-KS metro context apartment indicators carry their own geographic scopes and measure definitions. They give contextual ordering, not ZIP-level estimates of a property, an available home, or future movement.

Important limits remain. ZORI is a blended ZIP asking-rent index, ACS is a survey with margins of error and a distinct ZCTA universe, and the local HUD ladder may be ZIP SAFMR or county-derived. Neither ACS burden nor vacancy counts prove anything about a named property. Concrete property-level checks are the current advertised asking amount, exact bedroom count and floor plan, utilities included or billed separately, lease term, concessions, deposits and other fees, available date, whether the unit remains offered, and the property’s listed geographic identifier. Those facts determine the unit-specific details that aggregate sources do not measure.

Decision signals

What deserves a closer property-level check

The current ZIP signal is an index, not a property quote

June 2026 ZORI is $1,853, following 3.84% annual growth. It is the ZIP-wide typical observed asking-rent index, not a measured lease or specific listing. The 66062 label also matches a Census ZCTA, but a ZCTA is a statistical tabulation area rather than a USPS delivery ZIP.

Bedroom amounts are HUD-scaled modelled estimates

HUD’s FY2026 values define the local relative bedroom ladder, not market asking rents. Scaling the ZIP ZORI by that ladder creates modelled estimates from $1,497 for a studio through $2,875 for four bedrooms, with $1,853 at two bedrooms. They retain a relative pattern; they are not measured bedroom rents.

Income arithmetic and observed burden answer different questions

The ACS matched-ZCTA survey places broad household income at $117,585 and estimates that 40.76% of renter households have gross-rent burden of at least 30%. The $74,120 income figure is simply the annual income at which annualized ZORI equals 30%; it neither measures a renter’s income nor sets a property’s applicant criterion.

Vacancy and wider benchmarks require unit-level confirmation

ACS inventory reports 686 vacant units, including 337 classified for rent, alongside 29,892 total housing units. It also records 24,140 single-family and 2,053 large-multifamily units. The city, county, and metro figures remain context; neither vacant-for-rent counts nor wider benchmarks demonstrate a particular property’s availability or price.

  • ZORI is a blended ZIP-level asking-rent index. It cannot establish the advertised rent, achieved lease rent, utility allocation, concessions, condition, or availability of any individual property.
  • ACS reflects a five-year survey of occupied renter homes in a statistical ZCTA and includes selected utilities in gross rent. Its timing, boundary, household mix, and rent concept differ from ZORI.
  • HUD FMR/SAFMR bedroom standards are administrative benchmarks. Scaling ZORI by their local relative ladder produces modelled values only; it cannot reveal a building’s bedroom rent, utility treatment, or lease terms.
  • Vacant-for-rent inventory and aggregate rent-burden estimates describe categories of homes and households, respectively. They cannot show that any particular unit is available, affordable to a given household, or burdened.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 66062

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$484,890+10.2% year over year
Homes sold398rolling three-month observation
Median days on market8 daysfor-sale listing absorption
Months of supply1.4resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 66062Active listings573Inventory178Pending sales398Homes sold398

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

178 observed inventory · -18.1% year over year.

Price realization

102.1% average sale-to-list ratio · 59.8% sold above original list.

Early absorption

67.9% went off market within two weeks; compare this with 8 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Johnson County listing conditions

1,569 active Realtor.com listings · 46 median days on market · 10.5% price-reduced share · 2026-06.

Kansas City, MO-KS resale supply

1.8 months of supply · 18 median days on market · 32.1% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.7% reported apartment vacancy · 30 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 66062. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

What does the current ZIP rent represent?

At $1,853 in June 2026, it represents Zillow ZORI: a typical observed asking-rent index across mixed rental types in Zillow’s ZIP market. It is not a property’s advertised price, executed lease, or measured rate for a particular bedroom count. A listing requires separate verification.

Why does ACS median gross rent differ from Zillow ZORI?

The ACS matched-ZCTA median gross rent is $1,359 in the 2024 five-year survey, whereas June 2026 ZORI is $1,853. ACS covers occupied renter homes and includes selected utilities; ZORI is a current blended asking-rent index. The $494 difference is descriptive, not a same-unit change or a property-price finding.

Are the bedroom estimates observed market rents?

No. The bedroom figures are modelled estimates created by scaling the ZIP ZORI with the local HUD bedroom ladder. HUD FMR/SAFMR is an administrative standard rather than asking rent. The resulting amounts preserve relative bedroom differences but do not measure rents actually advertised or leased for those bedroom types.

What property-level facts remain unmeasured by this report?

The packet does not identify a unit’s quoted rent, exact layout, utility billing, concessions, lease duration, deposits, fees, condition, availability date, or current listing status. It also cannot establish whether a property’s mailing ZIP, listing geography, and matched Census ZCTA treatment align. Those details require property-specific records.