Cost of Living in Pratt County, Kansas

$810/mo
Median Monthly Rent
$114,500
Median Home Value
3% above state averageUnaffordable

At a Glance

Median Monthly Rent
$810/mo
3% above state average
Median Home Value
$114,500
59% below national
Rent-to-Income Ratio
26.0%
% 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 Pratt County Compares

Median monthly rent comparison

Pratt County$810/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$810/mo
Median Gross Rent
$114,500
Median Home Value
$838/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Pratt County, Kansas

Pratt balances incomes and housing costs

Pratt County residents spend 15.1% of their $64,348 median household income on rent, slightly above Kansas's state average of 14.7% but comfortably below the national 30% affordability threshold. Though household incomes trail the national median of $74,755 by 14%, housing remains reasonably accessible.

Middle-ground affordability in Kansas

Pratt County ranks in the moderate tier of Kansas counties for housing affordability, with a rent-to-income ratio just 0.4 points above the state average. Its $810 monthly rent slightly exceeds the state median of $787, reflecting typical rural Kansas pricing.

Highest owner costs in the region

Pratt County's $810 rent sits between Pawnee County ($806) and Rawlins County ($823), but its $838 monthly owner cost is the highest in the regional comparison. Median home values of $114,500 position Pratt as moderately valued for homebuyers.

Renters and owners pay similar amounts

Pratt County renters spend $810 monthly while homeowners invest $838, a minimal difference that reflects balanced housing options for both cohorts. With a median home value of $114,500, both pathways consume roughly 15% of household income.

Steady choice for moderate-income families

Pratt County offers predictable, middle-range housing costs for families earning around $64,000 annually, with both rental and ownership pathways equally viable. Compare it with lower-cost Phillips County or higher-income Pottawatomie County to find your fit.

Affordability Calculator

See how your income compares to housing costs in Pratt County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,501

per month

Owner Cost Burden

15.6%

of gross income

You can likely afford the median home in Pratt County

Median home value is $114,500. Estimated monthly cost: $914 vs. your max of $1,501.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Pratt County, Kansas?
Pratt County, Kansas has a median monthly rent of $810/mo and a median home value of $114,500. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Pratt County?
The median gross rent in Pratt County is $810/mo. This is 3% above state average for Kansas.
Is Pratt County affordable?
Pratt County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pratt County's rent compare to the state average?
Pratt County's median rent of $810/mo is 3% above state average of $787/mo for Kansas.
What is the median home value in Pratt County?
The median home value in Pratt County, Kansas is $114,500. This is 59% 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.