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These days, finding an affordable place to live in the Sherman area can be challenging. Home prices in Sherman are now at a median cost of $184,982, lower than the Kansas average of $243,949.
The average cost of rent is $858/mo in Sherman, primarily driven by the current value of real estate in the Sherman area. In Sherman, 13.35% of households rent, and 73.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherman is $5,893 per month. Households that rent pay about 14.57% of their income on rent here. Sherman’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Montana, KS: higher priced homes
- Hallowell, KS: higher priced homes
- Oswego, KS: less expensive homes
- Labette, KS: higher priced homes
- West Mineral, KS: equally priced homes
- Strauss, KS: equally priced homes
- McCune, KS: less expensive homes
- Sherwin, KS: higher priced homes
- Monmouth, KS: equally priced homes
- Roseland, KS: less expensive homes
Cities with Similar Populations
- Vilas, SD: higher priced homes
- Clay, LA: higher priced homes
- Clay, TX: equally priced homes
- Union Hill, TN: less expensive homes
- Ury, WV: less expensive homes
- Ute Park, NM: higher priced homes
- Utting, AZ: less expensive homes
- Vandalia, WV: higher priced homes
- Vermilionville, IL: less expensive homes
- Vick, LA: less expensive homes
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