The Most Affordable Neighborhoods in Wallace County, KS by Home Value

These days, finding an affordable place to live in the Wallace County area can be challenging. Home prices in Wallace County are now at a median cost of $100,752, lower than the Kansas average of $243,949.

The average cost of rent is $627/mo in Wallace County, primarily driven by the current value of real estate in the Wallace County area. In Wallace County, 25.21% of households rent, and 61.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wallace County is $5,573 per month. Households that rent pay about 11.26% of their income on rent here. Wallace County’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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