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These days, finding an affordable place to live in the Kansas City area can be challenging. Home prices in Kansas City are now at a median cost of $305,799, higher than the Missouri average of $246,641.
The average cost of rent is $1,395/mo in Kansas City, primarily driven by the current value of real estate in the Kansas City area. In Kansas City, 34.16% of households rent, and 37.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kansas City is $8,119 per month. Households that rent pay about 17.19% of their income on rent here. Kansas City’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Kansas City, MO: less expensive homes
- Avondale, MO: less expensive homes
- Randolph, MO: less expensive homes
- Westwood, KS: higher priced homes
- Northmoor, MO: less expensive homes
- Riverside, MO: equally priced homes
- Oaks, MO: less expensive homes
- Roeland Park, KS: equally priced homes
- Fairway, KS: higher priced homes
- Houston Lake, MO: equally priced homes
Cities with Similar Populations
- Northridge, CA: higher priced homes
- Oshkosh, WI: less expensive homes
- Oceanside, CA: higher priced homes
- Overland Park, KS: higher priced homes
- Orange, CA: higher priced homes
- Fort Smith, AR: less expensive homes
- Gastonia, NC: less expensive homes
- Fremont, CA: higher priced homes
- Florence, SC: less expensive homes
- Fontana, CA: higher priced homes
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