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These days, finding an affordable place to live in the Melvern area can be challenging. Home prices in Melvern are now at a median cost of $183,144, lower than the Kansas average of $243,949.
The average cost of rent is $697/mo in Melvern, primarily driven by the current value of real estate in the Melvern area. In Melvern, 14.30% of households rent, and 51.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Melvern is $5,384 per month. Households that rent pay about 12.95% of their income on rent here. Melvern’s most expensive areas are in the central 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
- Olivet, KS: higher priced homes
- Lyndon, KS: less expensive homes
- Waverly, KS: less expensive homes
- Quenemo, KS: equally priced homes
- Halls Summit, KS: less expensive homes
- Vassar, KS: equally priced homes
- Williamsburg, KS: higher priced homes
- Pomona, KS: higher priced homes
- Osage City, KS: equally priced homes
- Lebo, KS: equally priced homes
Cities with Similar Populations
- Sperry, IA: higher priced homes
- Ionia, IA: equally priced homes
- Jasper, VA: less expensive homes
- Jekyll Island, GA: higher priced homes
- Jones Crossroads, SC: higher priced homes
- Kanarraville, UT: higher priced homes
- Roxton, TX: equally priced homes
- Sandy, FL: higher priced homes
- Sheep Springs, NM: less expensive homes
- Shirland, IL: higher priced homes
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