The Most Affordable Neighborhoods in Mound Valley, KS by Home Value

These days, finding an affordable place to live in the Mound Valley area can be challenging. Home prices in Mound Valley are now at a median cost of $115,638, lower than the Kansas average of $243,949.

The average cost of rent is $727/mo in Mound Valley, primarily driven by the current value of real estate in the Mound Valley area. In Mound Valley, 12.27% of households rent, and 62.04% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mound Valley is $5,063 per month. Households that rent pay about 14.36% of their income on rent here. Mound Valley’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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