Cost of Living in Sherman County, Kansas

$852/mo
Median Monthly Rent
$126,300
Median Home Value

At a Glance

Median Monthly Rent
$852/mo
8% above state average
Median Home Value
$126,300
55% 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 Sherman County Compares

Median monthly rent comparison

Sherman County$852/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$852/mo
Median Gross Rent
$126,300
Median Home Value
$871/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Sherman County ranks #2,850 of 3,144 counties for affordability (bottom 9%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Sherman County, Kansas

Sherman's rents track near national norms

Sherman County's 15.9% rent-to-income ratio falls between the national average and the Kansas state average of 14.7%, indicating moderate housing burden. The county's median household income of $64,444 trails the national median by $10,311, which partly explains the slightly elevated ratio.

Middle ground for Kansas affordability

Sherman's 15.9% rent-to-income ratio ranks slightly above the state average of 14.7%, placing it in the middle range of Kansas counties. The median rent of $852 runs $65 above the state average, reflecting moderately priced housing for the region.

Modest rent in a rural cluster

Sherman's $852 median rent fits squarely within the northwest Kansas rental market, falling between Sheridan County ($663) and Shawnee County ($970). Among immediate neighbors, Sherman offers middle-ground pricing with slightly higher costs than Stanton ($691) but lower than Shawnee.

Owner costs marginally exceed rents

Monthly owner costs average $871 compared to $852 in rent, while the median home value of $126,300 reflects affordable homeownership for the $64,444 median household income. Housing consumes roughly 15–16% of income across both rental and ownership pathways.

Balanced affordability for rural Kansas

Sherman County offers steady, moderate housing costs without extreme premiums—suitable for those seeking rural living without sacrificing financial breathing room. If you're comfortable with small-town life, Sherman's balanced affordability makes relocation appealing.

Cost of Living Advisory: Sherman County

Affordability Verdict

Housing in Sherman County is affordable. The median rent is $852/month against a median household income of $64,444, putting rent at 15.9% of income.

Rent vs. Own

Renters in Sherman County pay $852/month on average, compared to $871/month for homeowners. This market favors renters by about 2%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,080/year. For owner costs at the 28% rule, the required income is roughly $37,329/year. With a median household income of $64,444, most households can comfortably afford rent here. Notably, 27.0% of renter households in Sherman County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Cherokee County where rent averages $801/month, Sherman County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Sherman County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,504

per month

Owner Cost Burden

16.2%

of gross income

You can likely afford the median home in Sherman County

Median home value is $126,300. Estimated monthly cost: $1,008 vs. your max of $1,504.

Rent Affordability Guide

Your rent-to-income ratio15.9%
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: $64,444Needed: $34,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,444Needed: $37,329
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $64,444Needed: $29,393

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 Sherman County, Kansas?
Sherman County, Kansas has a median monthly rent of $852/mo and a median home value of $126,300. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Sherman County?
The median gross rent in Sherman County is $852/mo. This is 8% above state average for Kansas.
Is Sherman County affordable?
Sherman 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 Sherman County's rent compare to the state average?
Sherman County's median rent of $852/mo is 8% above state average of $787/mo for Kansas.
What is the median home value in Sherman County?
The median home value in Sherman County, Kansas is $126,300. This is 55% 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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