Cost of Living in Gray County, Kansas

$833/mo
Median Monthly Rent
$174,700
Median Home Value

At a Glance

Median Monthly Rent
$833/mo
6% above state average
Median Home Value
$174,700
38% below national
Rent-to-Income Ratio
21.0%
% 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 Gray County Compares

Median monthly rent comparison

Gray County$833/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$833/mo
Median Gross Rent
$174,700
Median Home Value
$885/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Gray County ranks #1,329 of 3,144 counties for affordability (top 42%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Gray County, Kansas

Gray County balances income and housing

Gray County residents enjoy a 12.8% rent-to-income ratio, nestled comfortably within the national affordability sweet spot of 12-14%. With a median household income of $77,885—above the national average of $74,755—renters here allocate roughly $9,600 annually to housing.

Above-average affordability statewide

At 12.8%, Gray County's rent-to-income ratio beats Kansas's state average of 14.7%, reflecting both higher-than-typical incomes and moderate rental costs. This positions the county as one of Kansas's more livable markets.

Premium rents, premium incomes

Gray County's $833 monthly rent is the highest among western Kansas peers, but its $77,885 median income is also the strongest, keeping the ratio competitive. Grant County offers cheaper rent ($696) with lower income ($72,484), while Greeley County splits the difference at $915 rent and $78,819 income.

Renting and owning fairly balanced

Monthly rent ($833) and homeowner costs ($885) are closely matched, both consuming roughly 12.8% and 13.6% of income respectively. Homes value at $174,700—the highest among western Kansas counties surveyed—reflecting stronger equity-building potential for local buyers.

Best fit for income-secure households

Gray County rewards those with steady, above-average incomes—its strong rent-to-income ratio depends on the $77,885 median income. If your household income is $75,000 or higher, Gray's robust rental and ownership markets offer genuine affordability; lower-income movers may find western neighbors more comfortable.

Cost of Living Advisory: Gray County

Affordability Verdict

Gray County offers affordable rental housing at a median of $833/month — about 12.8% of the typical household income here.

Rent vs. Own

Renters in Gray County pay $833/month on average, compared to $885/month for homeowners. This market favors renters by about 6%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,320/year. For owner costs at the 28% rule, the required income is roughly $37,929/year. With a median household income of $77,885, most households can comfortably afford rent here. Notably, 21.0% of renter households in Gray County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Cowley County where rent averages $779/month, Gray County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Gray County

$

Rent Burden

12.8%

of gross income

Max Housing (28% Rule)

$1,817

per month

Owner Cost Burden

13.6%

of gross income

You can likely afford the median home in Gray County

Median home value is $174,700. Estimated monthly cost: $1,395 vs. your max of $1,817.

Rent Affordability Guide

Your rent-to-income ratio12.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,885Needed: $33,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,885Needed: $37,929
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,885Needed: $40,657

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Gray County, Kansas?
Gray County, Kansas has a median monthly rent of $833/mo and a median home value of $174,700. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Gray County?
The median gross rent in Gray County is $833/mo. This is 6% above state average for Kansas.
Is Gray County affordable?
Gray County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gray County's rent compare to the state average?
Gray County's median rent of $833/mo is 6% above state average of $787/mo for Kansas.
What is the median home value in Gray County?
The median home value in Gray County, Kansas is $174,700. This is 38% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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