The Most Affordable Neighborhoods in Russell Springs, KS by Home Value

These days, finding an affordable place to live in the Russell Springs area can be challenging. Home prices in Russell Springs are now at a median cost of $86,400, lower than the Kansas average of $243,949.

The average cost of rent is $1,045/mo in Russell Springs, primarily driven by the current value of real estate in the Russell Springs area. In Russell Springs, 37.50% of households rent, and 76.74% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Russell Springs is $6,088 per month. Households that rent pay about 17.16% of their income on rent here. Russell Springs’s most expensive areas are in the central 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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