Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wichita area can be challenging. Home prices in Wichita are now at a median cost of $88,125, lower than the Iowa average of $182,666.
The average cost of rent is $730/mo in Wichita, primarily driven by the current value of real estate in the Wichita area. While nearly 60.23% of residents own their homes outright in Wichita, 15.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wichita is $4,287 per month. Households that rent pay about 17.02% of their income on rent here. Wichita's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Guthrie Center, IA: higher priced homes
- Bayard, IA: equally priced homes
- North Branch, IA: higher priced homes
- Coon Rapids, IA: higher priced homes
- Bagley, IA: higher priced homes
- Monteith, IA: higher priced homes
- Panora, IA: higher priced homes
- Yale, IA: higher priced homes
- Dedham, IA: higher priced homes
- Ross, IA: higher priced homes
Cities with Similar Populations
- Fourmile Hill, AR: higher priced homes
- Sunnyside, PA: higher priced homes
- Sunbury, IL: higher priced homes
- Summer Hill, IL: equally priced homes
- Gassetts, VT: higher priced homes
- Garwood, MO: higher priced homes
- Gardiner, IA: higher priced homes
- Gabe, KY: equally priced homes
- Gabbs, NV: less expensive homes
- Fugates Hill, VA: higher priced homes
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