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Affordable
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These days, finding an affordable place to live in the Traer area can be challenging. Home prices in Traer are now at a median cost of $90,000, lower than the Kansas average of $243,949.
The average cost of rent is $685/mo in Traer, primarily driven by the current value of real estate in the Traer area. In Traer, 22.03% of households rent, and 77.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Traer is $4,964 per month. Households that rent pay about 13.80% of their income on rent here. Traer’s most expensive areas are in the central 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
- Herndon, KS: less expensive homes
- Midway, KS: less expensive homes
- Oberlin, KS: equally priced homes
- Marion, NE: higher priced homes
- Kanona, KS: equally priced homes
- Ludell, KS: less expensive homes
- Danbury, NE: higher priced homes
- McCook, NE: higher priced homes
- Atwood, KS: higher priced homes
- Dresden, KS: equally priced homes
Cities with Similar Populations
- Watervale, NY: higher priced homes
- Cedar Grove, AL: higher priced homes
- Walnut Creek, AZ: higher priced homes
- Cedar Mills, MN: higher priced homes
- Cedarvale, NM: higher priced homes
- Centennial Heights, MI: higher priced homes
- Centerville, AL: equally priced homes
- Cerro Gordo, TN: higher priced homes
- Wano, ND: higher priced homes
- Ward, WV: less expensive homes
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