Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merriam area can be challenging. Home prices in Merriam are now at a median cost of $195,383, higher than the Kansas average of $185,150.
The average cost of rent is $1,024/mo in Merriam, primarily driven by the current value of real estate in the Merriam area. While nearly 40.50% of residents own their homes outright in Merriam, 42.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merriam is $5,444 per month. Households that rent pay about 18.80% of their income on rent here. Merriam's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Mission, KS: equally priced homes
- Roeland Park, KS: higher priced homes
- Fairway, KS: higher priced homes
- Prairie Village, KS: higher priced homes
- Mission Hills, KS: higher priced homes
- Lake Quivira, KS: higher priced homes
- Shawnee, KS: higher priced homes
- Westwood, KS: higher priced homes
- Lenexa, KS: higher priced homes
- Kansas City, KS: less expensive homes
Cities with Similar Populations
- Newaygo, MI: less expensive homes
- Munford, TN: equally priced homes
- Munhall, PA: less expensive homes
- Myrtle Grove, NC: higher priced homes
- Natrona Heights, PA: less expensive homes
- Navasota, TX: less expensive homes
- Nevada, MO: less expensive homes
- New Baltimore, VA: higher priced homes
- New Brighton, PA: less expensive homes
- New London, WI: less expensive homes
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