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These days, finding an affordable place to live in the Independence area can be challenging. Home prices in Independence are now at a median cost of $103,807, lower than the Kansas average of $243,949.
The average cost of rent is $825/mo in Independence, primarily driven by the current value of real estate in the Independence area. In Independence, 28.30% of households rent, and 51.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Independence is $5,072 per month. Households that rent pay about 16.26% of their income on rent here. Independence’s most expensive areas are in the northwestern 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
- Fruitland, KS: higher priced homes
- Lehunt, KS: higher priced homes
- Sycamore, KS: higher priced homes
- Corbin, KS: higher priced homes
- Jefferson, KS: higher priced homes
- Liberty, KS: higher priced homes
- Cherryvale, KS: less expensive homes
- Wayside, KS: higher priced homes
- Elk City, KS: higher priced homes
- Mound Valley, KS: higher priced homes
Cities with Similar Populations
- Granite Falls, WA: higher priced homes
- Gunnison, CO: higher priced homes
- Guanica, PR: less expensive homes
- Groton, MA: higher priced homes
- Grosse Pointe Farms, MI: higher priced homes
- Grosse Ile, MI: higher priced homes
- Grinnell, IA: higher priced homes
- Greenwell Springs, LA: higher priced homes
- Greenville, WI: higher priced homes
- Greenville, AL: higher priced homes
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