The Most Affordable Neighborhoods in Waterville, KS by Home Value

These days, finding an affordable place to live in the Waterville area can be challenging. Home prices in Waterville are now at a median cost of $96,680, lower than the Kansas average of $243,949.

The average cost of rent is $756/mo in Waterville, primarily driven by the current value of real estate in the Waterville area. In Waterville, 18.99% of households rent, and 54.72% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Waterville is $5,224 per month. Households that rent pay about 14.47% of their income on rent here. Waterville’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.

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

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