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These days, finding an affordable place to live in the Alma area can be challenging. Home prices in Alma are now at a median cost of $160,185, lower than the Kansas average of $243,949.
The average cost of rent is $804/mo in Alma, primarily driven by the current value of real estate in the Alma area. In Alma, 19.80% of households rent, and 39.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alma is $6,290 per month. Households that rent pay about 12.79% of their income on rent here. Alma’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- McFarland, KS: higher priced homes
- Hessdale, KS: less expensive homes
- Paxico, KS: higher priced homes
- Eskridge, KS: less expensive homes
- Zeandale, KS: higher priced homes
- Alta Vista, KS: equally priced homes
- Maple Hill, KS: higher priced homes
- Wamego, KS: higher priced homes
- Keene, KS: higher priced homes
- Louisville, KS: higher priced homes
Cities with Similar Populations
- Springer, NM: less expensive homes
- Whitethorn, CA: higher priced homes
- Prewitt, NM: less expensive homes
- Shawneetown, IL: less expensive homes
- Standing Rock, NM: less expensive homes
- Trail, OR: higher priced homes
- McPherson, GA: higher priced homes
- Mount Hope, AL: higher priced homes
- Newville, VA: higher priced homes
- Harbinger, NC: higher priced homes
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