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These days, finding an affordable place to live in the Topeka area can be challenging. Home prices in Topeka are now at a median cost of $80,987, lower than the Illinois average of $300,242.
The average cost of rent is $954/mo in Topeka, primarily driven by the current value of real estate in the Topeka area. In Topeka, 18.12% of households rent, and 69.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Topeka is $6,424 per month. Households that rent pay about 14.85% of their income on rent here. Topeka’s most expensive areas are in the southern 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
- Liverpool, IL: higher priced homes
- Forest City, IL: higher priced homes
- Eckard, IL: higher priced homes
- Little America, IL: higher priced homes
- Maples Mill, IL: higher priced homes
- Poplar City, IL: higher priced homes
- Havana, IL: higher priced homes
- Manito, IL: higher priced homes
- Monterey, IL: higher priced homes
- Easton, IL: higher priced homes
Cities with Similar Populations
- Tyler Hill, PA: higher priced homes
- Belott, TX: higher priced homes
- Ben Avon Heights, PA: higher priced homes
- Bethlehem, OH: higher priced homes
- Blakely, AR: higher priced homes
- Blanford, IN: higher priced homes
- Bluehole, KY: equally priced homes
- Bowbells, ND: higher priced homes
- Bozman, MD: higher priced homes
- Bretz, WV: higher priced homes
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