RentData

Average Rent in McPherson County, KS

HUD FY2025 · Official government data · Updated annually · Metro pop. 30,130

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

McPherson County, KS has rental prices ranging from $645/month to $1,317/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $686/month — 51% below the national average of $1,400/month. With a median household income of $77,701/year, spending $686/month on a 1-bedroom represents 11% of gross income — within the recommended 30% threshold.

How McPherson County Compares

With an average 2-bedroom rent of $900/month, McPherson County ranks #26 most expensive of the 96 cities tracked in Kansas — more affordable than 75% of all US cities in our data.

The McPherson County Rental Market

The McPherson County, KS area has a population of about 30,130 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in McPherson County, KS have risen by $1/month (0.1%) over the past year, from $899 to $900. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in McPherson County, KS without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,440. The local median household income of $77,701 exceeds that threshold by $50,261, making McPherson County relatively accessible compared to local wages.

Economy & Jobs

McPherson County, KS has an unemployment rate of 3.8%, 0.1 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2025
Studio
$645
Affordable
1 Bedroom
$686
Affordable
2 Bedrooms
$900
0.1% YoY
Affordable
3 Bedrooms
$1,157
Affordable
4 Bedrooms
$1,317
Affordable
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Is McPherson County, KS Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$36,000/year
Local median income: $77,701
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $900/month and 20% down on a home at 7% rate.

Nearby Cities in KSlargest metros in the state

CityStudio1BR2BR3BRHome Value
Kansas City$1,074$1,183$1,346$1,756
Wichita$690$760$995$1,305
Topeka$747$752$985$1,280
Geary County$753$758$994$1,393
Manhattan$808$813$995$1,359
St. Joseph$710$789$1,035$1,315

Rent or Buy in McPherson County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real McPherson County data

$
Home Value
$350,000
2BR Rent
$900/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $900/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in McPherson County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in McPherson County

Compare rent & home prices by neighborhood

💵Rent Affordability in McPherson County

Salary needed to afford rent here

🗺️All Cities in KS

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⚖️Compare McPherson County

Side-by-side rent & cost of living with any city

📋KS Tenant Rights

Deposit limits, eviction laws & renters protections