Winfield, KS

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

52 / 86

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$22,206

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$140,908

Median Home Sale Price

Top Earners

$35,227

Top-Earners Revenue

Winfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Winfield.

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C

Challenging to Investors

Winfield Regulations

STRs are not allowed by right in typical residential zones; legal operation requires a text amendment or variance/exception (uncertain, costly), and in residential districts home‑occupation rules prevent STRs. Only Bed & Breakfast Inns are permitted as a conditional use in the Agricultural district, requiring permits, hearings, and strict conditions.

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About Winfield

Winfield is the county seat of Cowley County in south-central Kansas, home to roughly 11,000 to 12,000 residents. With a classic small-town Midwestern character, tree-lined residential streets, a walkable historic downtown, and a strong cultural and musical identity, it offers a relaxed pace paired with an unusually active events calendar. Winfield is best known as the host city of the annual Walnut Valley Festival, one of the most respected bluegrass and acoustic music gatherings in the country, and it sits approximately 50 miles southeast of Wichita, the nearest major city, in the rolling prairie landscape of the lower Walnut River valley.

The Walnut Valley Festival is by far Winfield's marquee attraction, drawing tens of thousands of visitors each September for nearly a week of concerts, competitions, instrument contests, and campground-style gatherings focused on bluegrass, folk, and acoustic music. Because the festival grounds sit within the city, attendees have easy access to lodging, restaurants, and downtown amenities, which makes short-term rental demand spike dramatically during this period each year.

Southwestern College, a private liberal arts college affiliated with the United Methodist Church and founded in 1885, anchors the community intellectually and architecturally. Its well-preserved historic campus, including Richardson Hall and other early buildings, contributes to Winfield's traditional collegiate atmosphere and provides a steady calendar of lectures, performances, and sporting events throughout the academic year.

A short drive north of town, visitors find Winfield City Lake, a quiet reservoir popular with local anglers, paddlers, and picnickers, while Island Park provides in-town green space for walking, swimming, and community events along the Walnut River. The local historical society museum, located in the downtown area, preserves regional artifacts, photographs, and exhibits on pioneer and agricultural life across south-central Kansas.

For travelers willing to venture further, the Tallgrass Prairie National Preserve in the Flint Hills of Chase County lies roughly 90 miles to the north, offering an exceptional window into the once-vast tallgrass ecosystem through hiking trails, a working bison herd, and a preserved 1880s limestone ranch house. The preserve is approximately a 90-minute to two-hour drive from Winfield, making it a feasible day trip for nature-focused visitors.

With its celebrated fall festival, historic college, and easy access to Wichita, the Flint Hills, and several regional fishing lakes, Winfield offers short-term rental owners a market that pulses strongly during peak events while still providing year-round appeal for visitors drawn to small-town Kansas hospitality, outdoor recreation, and the surrounding prairie landscape.

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