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These days, finding an affordable place to live in the Menlo area can be challenging. Home prices in Menlo are now at a median cost of $208,436, lower than the Kansas average of $243,949.
The average cost of rent is $776/mo in Menlo, primarily driven by the current value of real estate in the Menlo area. In Menlo, 11.43% of households rent, and 68.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Menlo is $6,957 per month. Households that rent pay about 11.15% of their income on rent here. Menlo’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Halford, KS: higher priced homes
- Seguin, KS: less expensive homes
- Rexford, KS: equally priced homes
- Mingo, KS: equally priced homes
- Grinnell, KS: less expensive homes
- Hoxie, KS: less expensive homes
- Selden, KS: less expensive homes
- Oakley, KS: less expensive homes
- Colby, KS: equally priced homes
- Gem, KS: less expensive homes
Cities with Similar Populations
- Alfred, ND: less expensive homes
- Athens, MS: less expensive homes
- Alloy, WV: less expensive homes
- Alpine Junction, WY: higher priced homes
- Alton, UT: higher priced homes
- Amigo, WV: less expensive homes
- Point Pleasant, TN: less expensive homes
- Ponzer, NC: less expensive homes
- Point Pleasant, MO: less expensive homes
- Plumfield, IL: less expensive homes
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