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These days, finding an affordable place to live in the Cambridge area can be challenging. Home prices in Cambridge are now at a median cost of $74,604, lower than the Kansas average of $243,949.
The average cost of rent is $630/mo in Cambridge, primarily driven by the current value of real estate in the Cambridge area. In Cambridge, 16.59% of households rent, and 59.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cambridge is $5,107 per month. Households that rent pay about 12.33% of their income on rent here. Cambridge’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burden, KS: equally priced homes
- Grand Summit, KS: equally priced homes
- Maple City, KS: higher priced homes
- Atlanta, KS: higher priced homes
- New Salem, KS: higher priced homes
- Tisdale, KS: higher priced homes
- Floral, KS: higher priced homes
- Grenola, KS: equally priced homes
- Hackney, KS: higher priced homes
- Wilmot, KS: higher priced homes
Cities with Similar Populations
- Lucas, MO: higher priced homes
- Cardiff, AL: higher priced homes
- Mayday, GA: higher priced homes
- Caradan, TX: higher priced homes
- Cantwell, AK: higher priced homes
- Cannelville, OH: higher priced homes
- Hasty, CO: higher priced homes
- Hazelton, KS: higher priced homes
- Tintah, MN: higher priced homes
- Bynum, MT: higher priced homes
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