Cheyenne County, Kansas Housing Market Prices
Cheyenne County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 52% below the Kansas median$50,500
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Median rent 38% below the Kansas median Cheaper than 87% of counties in Kansas$656
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cheyenne County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $50,500 | $104,644 | $248,835 |
| Price Trend (Annual %) | -0.5% | 4.4% | 7.5% |
| Median Gross Rent | $656 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 1.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cheyenne County is about 52% lower than in Kansas. Rent is about 38% lower than the Kansas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Cheyenne County: home prices fell about 0.5% a year while rent rose about 1.8% a year. That is an unusual pattern worth watching.
Median rent in Cheyenne County rose about 16.3% between 2015 and 2024, from $564 to $656. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Cheyenne County.
Buying the median-priced home in Cheyenne County costs roughly 6.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cheyenne County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Cheyenne County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $50,500 | $104,644 | $248,835 |
| Median Household Income | $55,612 | $74,287 | $80,455 |
| Price-to-Income Ratio | 0.9 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cheyenne County fell about 50.5%, while median household income rose about 73.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cheyenne County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.7% | 60.9% | 58.5% |
| Rental Rate | 18.4% | 29.8% | 31.2% |
| Vacancy Rate | 16.8% | 9.2% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Cheyenne County has a homeownership rate of 64.7%, higher than the Kansas average of 60.9%. Its housing vacancy rate is 16.8%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Cheyenne County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.14 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1952 | 1975 | 1978 |
| Median Number of Rooms | 6.3 | 6.0 | 5.5 |
The typical housing unit in Cheyenne County was built around 1952. On average, 2.1 people live in a home with about 6.3 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Cheyenne County, Kansas.
What is the median home price in Cheyenne County, Kansas?
The median home price in Cheyenne County, Kansas is $50,500, lower than the Kansas average of $104,644.
What is the average home price in Cheyenne County, Kansas?
The typical home price in Cheyenne County, Kansas, reported as the median sale price, is $50,500. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cheyenne County, Kansas?
The median gross rent in Cheyenne County, Kansas is $656 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Cheyenne County in 2020?
In 2020, the median gross rent in Cheyenne County, Kansas was $614 per month.
What is the price-to-rent ratio in Cheyenne County, Kansas?
The price-to-rent ratio in Cheyenne County, Kansas is about 6.4, meaning it would take roughly 6.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cheyenne County.
Are home prices or rent rising faster in Cheyenne County, Kansas?
Home prices and rent are moving in opposite directions in Cheyenne County: home prices fell about 0.5% a year while rent rose about 1.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Cheyenne County, Kansas?
64.7% of households in Cheyenne County, Kansas own their home, higher than the Kansas average of 60.9%.
What is the vacancy rate in Cheyenne County, Kansas?
The housing vacancy rate in Cheyenne County, Kansas is 16.8%, higher than the Kansas average of 9.2%.
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