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These days, finding an affordable place to live in the Faulkner area can be challenging. Home prices in Faulkner are now at a median cost of $208,300, lower than the Kansas average of $243,949.
The average cost of rent is $874/mo in Faulkner, primarily driven by the current value of real estate in the Faulkner area. In Faulkner, 6.23% of households rent, and 84.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Faulkner is $6,146 per month. Households that rent pay about 14.22% of their income on rent here. Faulkner’s most expensive areas are in the central 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
- Melrose, KS: equally priced homes
- Hallowell, KS: equally priced homes
- Chetopa, KS: less expensive homes
- Sherwin, KS: equally priced homes
- Oswego, KS: less expensive homes
- Columbus, KS: less expensive homes
- Treece, KS: less expensive homes
- Neutral, KS: less expensive homes
- Bartlett, KS: less expensive homes
- Picher, OK: less expensive homes
Cities with Similar Populations
- Butte-Silver Bow, MT: higher priced homes
- Westford, PA: less expensive homes
- Westview, MO: less expensive homes
- Cavendish, ID: higher priced homes
- Catarina, TX: less expensive homes
- Cashel, ND: less expensive homes
- Carntown, KY: less expensive homes
- Carmack, MO: higher priced homes
- Caratunk, ME: less expensive homes
- Aiken, TX: less expensive homes
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