Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Colony area can be challenging. Home prices in Colony are now at a median cost of $163,097, lower than the Kansas average of $243,949.
The average cost of rent is $583/mo in Colony, primarily driven by the current value of real estate in the Colony area. In Colony, 16.00% of households rent, and 53.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colony is $5,889 per month. Households that rent pay about 9.90% of their income on rent here. Colony’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carlyle, KS: less expensive homes
- Lone Elm, KS: equally priced homes
- Welda, KS: equally priced homes
- Gas, KS: less expensive homes
- Iola, KS: less expensive homes
- Neosho Falls, KS: less expensive homes
- La Harpe, KS: less expensive homes
- Westphalia, KS: higher priced homes
- Kincaid, KS: less expensive homes
- Mildred, KS: less expensive homes
Cities with Similar Populations
- Waltz, KY: less expensive homes
- Boiceville, NY: higher priced homes
- Broom Hill, IN: higher priced homes
- Bumpus Mills, TN: equally priced homes
- Burnsville, WV: less expensive homes
- Caballo, NM: equally priced homes
- Carytown, MO: higher priced homes
- Clay, OH: higher priced homes
- Cleo Springs, OK: less expensive homes
- Cloverdale, MO: equally priced homes
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