Rent vs Buy in Kansas
Compare 5 cities across Kansas. Find out whether renting or buying makes more financial sense in your area.
5cities analyzed
Avg Home:$215,000
Avg Rent:$1,350/mo
Avg Price/Rent:13.4
Kansas Housing Market Summary
5
Cities Analyzed
4
Favor Buying
0
Favor Renting
1
Toss-Up
Across Kansas's 5 analyzed cities, the majority (4 cities) favor buying over renting. This suggests Kansas generally offers good value for homebuyers.
The average home price in Kansas is $215,000, with average rents at $1,350/month. This gives an average price-to-rent ratio of 13.4.
$Most Affordable Cities
$$Most Expensive Cities
All Kansas Cities
Sorted by population. Click any city for detailed analysis.
| City | Median Price | Median Rent | Price/Rent | Break-even | Verdict |
|---|---|---|---|---|---|
| Wichita | $215,000 | $1,350 | 13.3 | 4 yrs | Buy |
| Overland Park | $215,000 | $1,450 | 12.4 | 4 yrs | Buy |
| Kansas City | $200,000 | $1,400 | 11.9 | 5 yrs | Buy |
| Olathe | $220,000 | $1,450 | 12.6 | 5 yrs | Buy |
| Topeka | $225,000 | $1,100 | 17.0 | 9 yrs | Toss-up |
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These are general analyses based on median values. Use our comprehensive Buy vs Rent calculator to input your specific income, savings, and financial goals.
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