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Affordable
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These days, finding an affordable place to live in the Falun area can be challenging. Home prices in Falun are now at a median cost of $183,178, lower than the Kansas average of $243,949.
The average cost of rent is $1,125/mo in Falun, primarily driven by the current value of real estate in the Falun area. In Falun, 19.01% of households rent, and 48.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falun is $5,947 per month. Households that rent pay about 18.92% of their income on rent here. Falun’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
- Smolan, KS: equally priced homes
- Lindsborg, KS: higher priced homes
- Assaria, KS: equally priced homes
- Marquette, KS: less expensive homes
- Brookville, KS: higher priced homes
- Bridgeport, KS: equally priced homes
- Mentor, KS: higher priced homes
- Salina, KS: equally priced homes
- Hedville, KS: higher priced homes
- Glendale, KS: higher priced homes
Cities with Similar Populations
- Neosho Falls, KS: less expensive homes
- Myrtlewood, AL: less expensive homes
- Nada, TX: higher priced homes
- Waldron, MO: higher priced homes
- Naples Park, FL: higher priced homes
- Nashville, IA: less expensive homes
- Natrona, IL: less expensive homes
- Neath, PA: higher priced homes
- Necessity, TX: higher priced homes
- Needmore, IN: higher priced homes
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