Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melrose area can be challenging. Home prices in Melrose are now at a median cost of $109,751, lower than the Kansas average of $185,150.
The average cost of rent is $738/mo in Melrose, primarily driven by the current value of real estate in the Melrose area. While nearly 77.25% of residents own their homes outright in Melrose, 8.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melrose is $5,323 per month. Households that rent pay about 13.87% of their income on rent here. Melrose's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Faulkner, KS: equally priced homes
- Treece, KS: equally priced homes
- Picher, OK: equally priced homes
- Neutral, KS: equally priced homes
- Chetopa, KS: less expensive homes
- Commerce, OK: less expensive homes
- North Miami, OK: less expensive homes
- Zincville, OK: less expensive homes
- Hallowell, KS: equally priced homes
- Columbus, KS: less expensive homes
Cities with Similar Populations
- Randlett, UT: higher priced homes
- Oakville, NC: higher priced homes
- Oark, AR: equally priced homes
- Obert, NE: higher priced homes
- Odds, TX: equally priced homes
- Odell, IN: higher priced homes
- Odin, KS: equally priced homes
- Patterson, VA: equally priced homes
- Patzau, WI: higher priced homes
- Pawelekville, TX: higher priced homes
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