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These days, finding an affordable place to live in the Peabody area can be challenging. Home prices in Peabody are now at a median cost of $104,226, lower than the Kansas average of $243,949.
The average cost of rent is $788/mo in Peabody, primarily driven by the current value of real estate in the Peabody area. In Peabody, 21.20% of households rent, and 48.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peabody is $4,777 per month. Households that rent pay about 16.50% of their income on rent here. Peabody’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walton, KS: higher priced homes
- Elbing, KS: higher priced homes
- Florence, KS: equally priced homes
- Burns, KS: higher priced homes
- Wonsevu, KS: higher priced homes
- Goessel, KS: higher priced homes
- North Newton, KS: higher priced homes
- Zimmerdale, KS: higher priced homes
- Newton, KS: higher priced homes
- Cedar Point, KS: higher priced homes
Cities with Similar Populations
- Woodbine, KY: equally priced homes
- Winthrop, IA: higher priced homes
- Hills, IA: higher priced homes
- Hill Top, MO: higher priced homes
- Henderson, GA: higher priced homes
- Gurley, LA: higher priced homes
- Grantsville, WV: less expensive homes
- Gilbert, WV: less expensive homes
- Friend, NE: higher priced homes
- Franklin, IL: higher priced homes
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