Cost of Living in Pratt County, Kansas

$810/mo
Median Monthly Rent
$114,500
Median Home Value

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

National Ranking

Affordability Rank

Pratt County ranks #1,917 of 3,144 counties for affordability (bottom 39%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Pratt County

Affordability Verdict

Pratt County offers affordable rental housing at a median of $810/month — about 15.1% of the typical household income here.

Rent vs. Own

At $810/month rent versus $838/month in owner costs, renting is roughly $28/month cheaper — a 3% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,400/year. For owner costs at the 28% rule, the required income is roughly $35,914/year. With a median household income of $64,348, most households can comfortably afford rent here. Notably, 26.0% of renter households in Pratt County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Montgomery County where rent averages $759/month, Pratt County is approximately 7% more expensive.

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%

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: $64,348Needed: $32,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,348Needed: $35,914
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,348Needed: $26,647

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 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.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Pratt County, Kansas? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Pratt County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.