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These days, finding an affordable place to live in the Speed area can be challenging. Home prices in Speed are now at a median cost of $83,391, lower than the Kansas average of $243,949.
The average cost of rent is $610/mo in Speed, primarily driven by the current value of real estate in the Speed area. In Speed, 23.04% of households rent, and 72.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Speed is $5,652 per month. Households that rent pay about 10.79% of their income on rent here. Speed’s most expensive areas are in the southwestern 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.
Nearby Cities
- Glade, KS: higher priced homes
- Logan, KS: equally priced homes
- Phillipsburg, KS: higher priced homes
- Stuttgart, KS: equally priced homes
- Prairie View, KS: higher priced homes
- Kirwin, KS: higher priced homes
- Stockton, KS: higher priced homes
- Agra, KS: less expensive homes
- Nicodemus, KS: higher priced homes
- Woodruff, KS: equally priced homes
Cities with Similar Populations
- Mystic, MO: higher priced homes
- New Market, NC: higher priced homes
- New Era, PA: higher priced homes
- Neill, OK: higher priced homes
- Nashaquitsa, MA: higher priced homes
- Nash, FL: higher priced homes
- Narka, KS: less expensive homes
- Nancy, MS: higher priced homes
- Nahma, MI: higher priced homes
- Raynor, VA: higher priced homes
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