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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 $348,367, higher than the Indiana average of $232,932.
The average cost of rent is $870/mo in Topeka, primarily driven by the current value of real estate in the Topeka area. In Topeka, 15.96% of households rent, and 29.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Topeka is $8,236 per month. Households that rent pay about 10.57% of their income on rent here. Topeka’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Lagrangeville, NY: higher priced homes
- Laingsburg, MI: less expensive homes
- Lake Carmel, NY: equally priced homes
- Red Oak, IA: less expensive homes
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