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These days, finding an affordable place to live in the Derby area can be challenging. Home prices in Derby are now at a median cost of $330,421, higher than the Kansas average of $243,949.
The average cost of rent is $1,257/mo in Derby, primarily driven by the current value of real estate in the Derby area. In Derby, 28.54% of households rent, and 38.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $7,294 per month. Households that rent pay about 17.23% of their income on rent here. Derby’s most expensive areas are in the northern 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
- McConnell AFB, KS: less expensive homes
- Haysville, KS: less expensive homes
- Mulvane, KS: less expensive homes
- Rose Hill, KS: less expensive homes
- Peck, KS: less expensive homes
- Eastborough, KS: higher priced homes
- Wichita, KS: less expensive homes
- Waco, KS: less expensive homes
- Andover, KS: equally priced homes
- Schulte, KS: less expensive homes
Cities with Similar Populations
- Alliance, OH: less expensive homes
- Lenoir City, TN: equally priced homes
- Mustang, OK: less expensive homes
- San Ysidro, CA: higher priced homes
- Sequim, WA: higher priced homes
- Terrell, TX: less expensive homes
- Twentynine Palms, CA: less expensive homes
- Buenaventura Lakes, FL: equally priced homes
- Bethany, OR: higher priced homes
- Bemidji, MN: less expensive homes
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