Cost of Living in Greenwood County, Kansas

$710/mo
Median Monthly Rent
$82,600
Median Home Value
10% below state averageUnaffordable

At a Glance

Median Monthly Rent
$710/mo
10% below state average
Median Home Value
$82,600
71% below national
Rent-to-Income Ratio
22.0%
% 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 Greenwood County Compares

Median monthly rent comparison

Greenwood County$710/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$710/mo
Median Gross Rent
$82,600
Median Home Value
$637/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Greenwood County, Kansas

Greenwood renters stay near national norms

At 14.6%, Greenwood County's rent-to-income ratio edges just above the national 12-14% comfort zone, despite below-average incomes of $58,276 versus the national $74,755. Renters here dedicate roughly $8,640 annually to housing costs.

Right at Kansas affordability average

Greenwood County's 14.6% rent-to-income ratio virtually matches Kansas's state average of 14.7%, placing it squarely in the middle of affordability performance statewide. Monthly rent of $710 is $77 below the state median, reflecting the county's rural character.

Competitive with nearby rural counties

Greenwood's $710 rent mirrors Harper ($693) and Graham ($726), but Greenwood's $58,276 income falls between them, resulting in a 14.6% ratio. Compared to more prosperous Grant County ($696 rent, 11.5% ratio) or Gray County ($833 rent, 12.8% ratio), Greenwood offers budget accessibility with trade-offs in income stability.

Ownership saves money monthly

Monthly owner costs ($637) undercut rent ($710) by $73, though renters still dominate the ratio game at 14.6% versus an implied 13.2% for owners. Homes value at just $82,600, the second-lowest in the region, making ownership entry accessible even on Greenwood's modest incomes.

Value-first option for cautious movers

Greenwood County's sub-$83,000 home values and $637 monthly ownership costs appeal to those prioritizing low prices over income potential. If stability matters more than growth and you're comfortable with $58,000-range household earnings, Greenwood delivers straightforward affordability without high-income requirements.

Affordability Calculator

See how your income compares to housing costs in Greenwood County

$

Rent Burden

14.6%

of gross income

Max Housing (28% Rule)

$1,360

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Greenwood County

Median home value is $82,600. Estimated monthly cost: $659 vs. your max of $1,360.

Rent Affordability Guide

Your rent-to-income ratio14.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Greenwood County, Kansas?
Greenwood County, Kansas has a median monthly rent of $710/mo and a median home value of $82,600. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Greenwood County?
The median gross rent in Greenwood County is $710/mo. This is 10% below state average for Kansas.
Is Greenwood County affordable?
Greenwood County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Greenwood County's rent compare to the state average?
Greenwood County's median rent of $710/mo is 10% below state average of $787/mo for Kansas.
What is the median home value in Greenwood County?
The median home value in Greenwood County, Kansas is $82,600. This is 71% 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.