The Most Affordable Neighborhoods in Cottonwood Falls, KS by Home Value

These days, finding an affordable place to live in the Cottonwood Falls area can be challenging. Home prices in Cottonwood Falls are now at a median cost of $92,367, lower than the Kansas average of $243,949.

The average cost of rent is $842/mo in Cottonwood Falls, primarily driven by the current value of real estate in the Cottonwood Falls area. In Cottonwood Falls, 17.87% of households rent, and 63.71% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cottonwood Falls is $4,281 per month. Households that rent pay about 19.68% of their income on rent here. Cottonwood Falls’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.

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