Commercial Real Estate Market in Russell, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 462 off-market properties in Russell, KS.
Market Trends
Russell, KS spans 325.3 square miles in Russell County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Russell, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Russell, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Russell, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Russell, KS runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 43.2%
- Agricultural 20.5%
- Civic 17.2%
- Industrial 10.4%
- Commercial 8.8%
Largest Zones share of zoned land by district
Two Family Dwelling District
Agriculture District
Public Use District
Single Family Dwelling District
Heavy Industrial District
Two Family Dwelling District (R-2)
The intent of this district is to accommodate Two family residential uses.
Market overview
Demographics & Economy
Russell, KS has 5,011 residents in 2,510 households. Density runs 15 people per square mile. Median household income here is $52,097 and median gross rent $747 a month.
5,011
Population
2,510
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
93%
High-School Grad
325.3 sq mi
ZIP Area
15
Density / Sq Mi
$52,097
Median Household Income
$39,575
Median Earnings
$747
Median Rent
$119,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bunker Hill | — | — |
| Gorham | — | — |
| Walker | — | — |
| Dorrance | — | — |
Commercial property in Russell, KS asks $15/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Russell?
Commercial property in Russell, KS asks an average of $15 per square foot.
Where does Realmo's Russell market data come from?
Realmo compiles Russell, KS figures from 7 active sale listings, 462 tracked off-market properties, the current Russell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Russell, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,138 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
