CALCMONEY // HOME AFFORDABILITY // KS
Find out how much home you can afford in Kansas using local median home prices, current mortgage rates, and KS-specific property tax data.
Open Full Calculator$225,000
$1,550/mo
$216,572
$66,413/yr
| Median Home Price | $225,000 |
| Down Payment (20%) | $45,000 |
| Loan Amount | $180,000 |
| Monthly PI Payment | $1,192 |
| Monthly Property Tax | $264 |
| Monthly Insurance Est. | $94 |
| Total Monthly PITI | $1,550 |
| Required Gross Income (28% rule) | $66,413/yr |
| Max Affordable Price (28% rule) | $216,572 |
$7,875
$1,949/mo
Kansas Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $225,000 | State median |
| Down Payment (20%) | $45,000 | Conventional |
| Monthly PITI (median home) | $1,550 | 6.95% rate |
| Required Income (28% rule) | $66,413 | Annual gross |
| Max Affordable Home | $216,572 | Based on median income |
| FHA Down Payment (3.5%) | $7,875 | Minimum FHA |
Monthly PITI includes principal, interest, property tax, and homeowners insurance.
The median home price in Kansas is $225,000, with a current 30-year fixed mortgage rate of 6.95%. A buyer putting 20% down on the median home would carry a loan of $180,000, resulting in a monthly principal and interest payment of $1,192. Once property taxes and insurance are added, total monthly housing costs reach $1,550.
Property taxes in Kansas average 1.41%, near the national average of 1.1%. On the median Kansas home, property taxes add $264/month to total housing costs.
Kansas levies a state income tax of 3.1%–5.7%, which affects take-home pay and therefore what you can realistically budget for housing. Mortgage interest may be deductible on both federal and Kansas state returns — consult a tax professional for your situation.
Using the 28% rule, a household earning Kansas's median income of $64,500/year can afford up to $1,505/month in total housing costs (principal, interest, taxes, and insurance). Based on Kansas's current mortgage rate of 6.95% and property tax rate of 1.41%, that translates to a maximum affordable home price of approximately $216,572 with 20% down on a 30-year loan.
To comfortably afford the median Kansas home priced at $225,000, you need an annual gross income of approximately $66,413. This is based on the standard 28% rule: your total monthly housing costs (principal and interest of $1,192, property taxes of $264, and insurance of $94) come to $1,550/month, which should not exceed 28% of your gross monthly income.
Kansas's average property tax rate is 1.41%, which is above the national average of 1.1%. On the median Kansas home of $225,000, that means annual property taxes of $3,173, or $264/month. Because lenders include property taxes in your debt-to-income calculation, Kansas's property taxes have a relatively modest impact on overall affordability.
The minimum down payment depends on your loan type. For an FHA loan, you can put down as little as 3.5% — on the median Kansas home of $225,000, that is $7,875. Conventional loans typically require 5% down, though some programs allow 3%. Putting down 20% ($45,000 on the median Kansas home) lets you avoid private mortgage insurance (PMI), which can add 0.5%–1% to your annual loan cost. There are no Kansas-specific minimum down payment requirements beyond federal guidelines.