Vacancy-ordered double perovskites K 2 SnX 6 (X = I, Br, Cl) attract significant research interest due to their potential application as light-absorbing materials in perovskite solar cells. However, a deep insight into their material properties at the atomic scale is yet scarce. Here we present a systematic investigation on their structural, electronic, optical properties and phase stabilities in cubic, tetragonal, and monoclinic phases based on density functional theory calculations. Quantitatively reliable prediction of lattice constants, band gaps, effective masses of charge carriers, exciton binding energies is provided in comparison with the available experimental data, revealing the increasing tendency of band gap and exciton binding energy as lowering the crystallographic symmetry from cubic to monoclinic and going from I to Cl. We highlight that cubic K 2 SnBr 6 and monoclinic K 2 SnI 6 are suitable for the application as a light-absorber for solar cell devices due to their proper band gaps of 1.65 and 1.16 eV and low exciton binding energies of 59.4 and 15.3 meV, respectively. The constant-volume Helmholtz free energies are determined through phonon calculations, giving a prediction of their phase transition temperatures as 449, 433 and 281 K for cubic-tetragonal and 345, 301 and 210 K for tetragonal-monoclinic transitions for X = I, Br and Cl. Our calculations provide an understanding of material properties of vacancy-ordered double perovskite K 2 SnX 6 , helping to devise a low-cost and high performance perovskite solar cell.