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Affordable
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These days, finding an affordable place to live in the Palmer area can be challenging. Home prices in Palmer are now at a median cost of $121,842, lower than the Kansas average of $243,949.
The average cost of rent is $612/mo in Palmer, primarily driven by the current value of real estate in the Palmer area. In Palmer, 24.73% of households rent, and 59.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palmer is $5,675 per month. Households that rent pay about 10.79% of their income on rent here. Palmer’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Linn, KS: equally priced homes
- Clifton, KS: less expensive homes
- Garfield Center, KS: less expensive homes
- Vining, KS: less expensive homes
- Kimeo, KS: higher priced homes
- Greenleaf, KS: equally priced homes
- Clyde, KS: less expensive homes
- Morganville, KS: higher priced homes
- Washington, KS: equally priced homes
- Green, KS: higher priced homes
Cities with Similar Populations
- Litchfield, CA: higher priced homes
- Leachtown, WV: less expensive homes
- Leavenworth, MN: higher priced homes
- Lebanon, AL: less expensive homes
- Lecta, OH: equally priced homes
- Lena, OH: higher priced homes
- Lilly Dale, IN: higher priced homes
- Lilly Park, WV: less expensive homes
- Lily, WI: higher priced homes
- Lawrenceville, KY: higher priced homes
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