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These days, finding an affordable place to live in the Southwest Village area can be challenging. Home prices in Southwest Village are now at a median cost of $58,632, lower than the Wichita average of $174,578.
The average cost of rent is $707/mo in Southwest Village, primarily driven by the current value of real estate in the Southwest Village area. While nearly 52.87% of residents own their homes outright in Southwest Village, 32.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Southwest Village is $5,599 per month. Households that rent pay about 12.63% of their income on rent here. Southwest Village's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Southwest, Wichita, KS: higher priced homes
- Riverside, Wichita, KS: higher priced homes
- Stanley-Aley, Wichita, KS: higher priced homes
- South Central Improvemen, Wichita, KS: higher priced homes
- Sunflower, Wichita, KS: higher priced homes
- South City Community, Wichita, KS: higher priced homes
- Orchard Breeze, Wichita, KS: higher priced homes
- Delano, Wichita, KS: higher priced homes
- South Area, Wichita, KS: higher priced homes
- Mead, Wichita, KS: higher priced homes
Neighborhoods with Similar Populations
- Fairway-Liberty Heights, Lexington, KY: higher priced homes
- College Park, Ladson, SC: higher priced homes
- Conner, Detroit, MI: less expensive homes
- Croydon Park, Rockville, MD: higher priced homes
- Daybreak, South Jordan, UT: higher priced homes
- Elyria Swansea, Denver, CO: higher priced homes
- Fairlawn, Washington, DC: higher priced homes
- Fairmeadow, Palo Alto, CA: higher priced homes
- Fairmont Park, Des Moines, IA: higher priced homes
- Arlington-East Falls, Arlington, VA: higher priced homes
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