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These days, finding an affordable place to live in the Cheney area can be challenging. Home prices in Cheney are now at a median cost of $224,785, lower than the Kansas average of $243,949.
The average cost of rent is $1,084/mo in Cheney, primarily driven by the current value of real estate in the Cheney area. In Cheney, 17.53% of households rent, and 42.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cheney is $7,664 per month. Households that rent pay about 14.15% of their income on rent here. Cheney’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Garden Plain, KS: higher priced homes
- Mount Vernon, KS: higher priced homes
- Murdock, KS: higher priced homes
- Waterloo, KS: higher priced homes
- Viola, KS: higher priced homes
- Goddard, KS: higher priced homes
- St. Marks, KS: higher priced homes
- Belmont, KS: less expensive homes
- Andale, KS: higher priced homes
- Colwich, KS: higher priced homes
Cities with Similar Populations
- Cuthbert, GA: less expensive homes
- Amissville, VA: higher priced homes
- Northfield, MA: higher priced homes
- Vandalia, MO: less expensive homes
- Lockeford, CA: higher priced homes
- Lake, MI: less expensive homes
- Hamilton, TX: less expensive homes
- Gravois Mills, MO: higher priced homes
- Corfu, NY: less expensive homes
- Clinton, PA: higher priced homes
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