Cost of Living in Grant County, Kansas

$696/mo
Median Monthly Rent
$146,200
Median Home Value
12% below state averageUnaffordable

At a Glance

Median Monthly Rent
$696/mo
12% below state average
Median Home Value
$146,200
48% below national
Rent-to-Income Ratio
16.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Grant County Compares

Median monthly rent comparison

Grant County$696/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$696/mo
Median Gross Rent
$146,200
Median Home Value
$964/mo
Monthly Owner Cost
16.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Grant County, Kansas

Grant punches above national average

At 11.5%, Grant County's rent-to-income ratio sits well below the national 12-14% comfort zone, signaling strong housing affordability. With a median household income of $72,484—just below the national average of $74,755—renters here spend roughly $8,400 annually on housing.

Kansas's most affordable rental market

Grant County's 11.5% rent-to-income ratio ranks it among Kansas's most affordable counties, significantly outperforming the state average of 14.7%. Monthly rent of $696 pairs with solid incomes, creating a rare sweet spot in the region.

Renters flock here for value

Grant County offers the lowest rent ($696) and best rent-to-income ratio (11.5%) among its western Kansas peers, beating Harper ($693 rent, 15.0% ratio) and Graham ($726, 16.5%). Compared to Gray County's higher rent ($833) and similar income, Grant delivers clearer affordability.

Ownership carries steeper monthly burden

Renters in Grant pay $696 monthly (11.5% of income), while homeowners shoulder $964 monthly—a $268 jump that consumes 16.0% of median income. Homes value at $146,200, requiring stronger down payment capacity, though renting remains the budget-friendly option here.

Prime renting destination in western Kansas

Grant County's combination of low rent, strong income, and 11.5% ratio makes it a top choice for renters prioritizing affordability without sacrificing earnings potential. If homeownership is your goal, factor the $268 monthly premium and $146,200 home value into your financial planning.

Affordability Calculator

See how your income compares to housing costs in Grant County

$

Rent Burden

11.5%

of gross income

Max Housing (28% Rule)

$1,691

per month

Owner Cost Burden

16.0%

of gross income

You can likely afford the median home in Grant County

Median home value is $146,200. Estimated monthly cost: $1,167 vs. your max of $1,691.

Rent Affordability Guide

Your rent-to-income ratio11.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Grant County, Kansas?
Grant County, Kansas has a median monthly rent of $696/mo and a median home value of $146,200. The affordability rating is Unaffordable, with rent making up approximately 16.0% of median household income.
What is the median rent in Grant County?
The median gross rent in Grant County is $696/mo. This is 12% below state average for Kansas.
Is Grant County affordable?
Grant County is rated Unaffordable based on rent-to-income ratio of 16.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Grant County's rent compare to the state average?
Grant County's median rent of $696/mo is 12% below state average of $787/mo for Kansas.
What is the median home value in Grant County?
The median home value in Grant County, Kansas is $146,200. This is 48% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.