Cost of Living in Montgomery County, Kansas

$759/mo
Median Monthly Rent
$92,100
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$759/mo
4% below state average
Median Home Value
$92,100
67% below national
Rent-to-Income Ratio
27.0%
% 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 Montgomery County Compares

Median monthly rent comparison

Montgomery County$759/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$759/mo
Median Gross Rent
$92,100
Median Home Value
$752/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Montgomery County, Kansas

Montgomery County faces affordability pressures

At 17.1%, Montgomery County's rent-to-income ratio significantly exceeds the national average, meaning residents here dedicate nearly one-fifth of their earnings to rent alone. With median household income at just $53,242—nearly $22,000 below the national median—and rent at $759, housing costs create genuine financial strain for renters.

Montgomery County struggles with Kansas affordability

Montgomery County's 17.1% rent-to-income ratio ranks as the poorest in this survey, substantially exceeding Kansas's 14.7% state average. The combination of the state's lowest median income and mid-range rents creates a affordability crisis that requires careful household budgeting.

Montgomery faces the region's steepest rent burden

Despite charging moderate rent at $759, Montgomery County's extremely low income of $53,242 creates the region's worst rent-to-income ratio at 17.1%—considerably worse than Marion (13.8%), Marshall (11.3%), or any neighbor. This income-to-cost mismatch distinguishes Montgomery as the region's most financially stretched county.

Housing costs stretch Montgomery incomes thin

Renters earning Montgomery County's median of $53,242 annually pay $759 monthly for rent—nearly 17% of their gross income—leaving limited funds for other necessities. Homeowners face slightly lower costs at $752 monthly on median homes worth just $92,100, but both groups experience financial tightness compared to neighboring counties.

Montgomery County: proceed with caution

Montgomery County's combination of low incomes and moderate housing costs creates the region's toughest affordability challenge—avoid this county unless employment opportunities significantly exceed current wage levels. If you're relocating for work, verify that new job income substantially exceeds the county median; otherwise, Marshall, Mitchell, or Marion offer far superior housing affordability.

Affordability Calculator

See how your income compares to housing costs in Montgomery County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,242

per month

Owner Cost Burden

16.9%

of gross income

You can likely afford the median home in Montgomery County

Median home value is $92,100. Estimated monthly cost: $735 vs. your max of $1,242.

Rent Affordability Guide

Your rent-to-income ratio17.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Montgomery County, Kansas?
Montgomery County, Kansas has a median monthly rent of $759/mo and a median home value of $92,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Montgomery County?
The median gross rent in Montgomery County is $759/mo. This is 4% below state average for Kansas.
Is Montgomery County affordable?
Montgomery County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Montgomery County's rent compare to the state average?
Montgomery County's median rent of $759/mo is 4% below state average of $787/mo for Kansas.
What is the median home value in Montgomery County?
The median home value in Montgomery County, Kansas is $92,100. This is 67% 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.