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These days, finding an affordable place to live in the Frankfort area can be challenging. Home prices in Frankfort are now at a median cost of $136,080, lower than the Kansas average of $243,949.
The average cost of rent is $753/mo in Frankfort, primarily driven by the current value of real estate in the Frankfort area. In Frankfort, 17.47% of households rent, and 73.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frankfort is $6,652 per month. Households that rent pay about 11.32% of their income on rent here. Frankfort’s most expensive areas are in the western 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
- Vliets, KS: higher priced homes
- Lillis, KS: higher priced homes
- Winifred, KS: higher priced homes
- Vermillion, KS: higher priced homes
- Home, KS: higher priced homes
- Beattie, KS: less expensive homes
- Blue Rapids, KS: less expensive homes
- Axtell, KS: equally priced homes
- Marysville, KS: equally priced homes
- Neuchatel, KS: higher priced homes
Cities with Similar Populations
- Dime Box, TX: higher priced homes
- Goblesville, IN: higher priced homes
- Footville, WI: higher priced homes
- Fieldon, IL: higher priced homes
- Farmhaven, MS: higher priced homes
- Fallsburg, KY: less expensive homes
- Everton, IN: equally priced homes
- Eagle Lake, ME: higher priced homes
- Dunnville, KY: higher priced homes
- Dover, OK: higher priced homes
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