Cowley County, Kansas Housing Market Prices
Cowley 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 87% below the Kansas median Cheaper than 92% of counties in Kansas$13,801
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Median rent 24% below the Kansas median$809
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cowley County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,801 | $104,644 | $248,835 |
| Price Trend (Annual %) | -3.0% | 4.4% | 7.5% |
| Median Gross Rent | $809 | $1,060 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cowley County is about 87% lower than in Kansas. Rent is about 24% 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 Cowley County: home prices fell about 3.0% a year while rent rose about 2.7% a year. That is an unusual pattern worth watching.
Median rent in Cowley County rose about 26.8% between 2015 and 2024, from $639 to $809. Over the same span, rent in Kansas rose about 40.0%.
Affordability
On average, housing unit costs 0.2 yearly household incomes in Cowley County.
Buying the median-priced home in Cowley County costs roughly 1.4 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 Cowley County. The price-to-rent ratio in Kansas is about 8.2.
| Metric | Cowley County | Kansas Avg | US Average |
|---|---|---|---|
| Median Home Price | $13,801 | $104,644 | $248,835 |
| Median Household Income | $57,252 | $74,287 | $80,455 |
| Price-to-Income Ratio | 0.2 | 1.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cowley County fell about 73.3%, while median household income rose about 34.3% 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 | Cowley County | Kansas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.1% | 60.9% | 58.5% |
| Rental Rate | 27.2% | 29.8% | 31.2% |
| Vacancy Rate | 14.6% | 9.2% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Cowley County has a homeownership rate of 58.1%, lower than the Kansas average of 60.9%. Its housing vacancy rate is 14.6%, compared with 9.2% in Kansas.
Housing Stock
| Metric | Cowley County | Kansas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1964 | 1975 | 1978 |
| Median Number of Rooms | 5.8 | 6.0 | 5.5 |
The typical housing unit in Cowley County was built around 1964. On average, 2.4 people live in a home with about 5.8 rooms, staying for about 15.0 years on average.
Cowley County, KS Housing Compared With Nearby Counties
Cowley County, KS is the 3rd largest of the 4 counties compared here, 34,411 residents against a local median of 43,624. The measure that sets Cowley County, KS apart most is median home price: $13,801, 85% below the local median of $95,090.
The counties themselves spread $127,255 on median home price, so Cowley County, KS sits at one end of an already wide local range rather than apart from it. Cowley County, KS has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cowley County, KS | 34,411 | $13,801 #4/4 | $809 #4/4 | 68.1% #4/4 |
| Kay County, OK | 43,624 | $46,731 | $841 | 69.2% |
| Butler County, KS | 68,284 | $173,986 | $955 | 77.6% |
| Sumner County, KS | 22,353 | $95,090 | $824 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Cowley County, Kansas.
What is the median home price in Cowley County, Kansas?
The median home price in Cowley County, Kansas is $13,801, lower than the Kansas average of $104,644.
What is the average home price in Cowley County, Kansas?
The typical home price in Cowley County, Kansas, reported as the median sale price, is $13,801. 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 Cowley County, Kansas?
The median gross rent in Cowley County, Kansas is $809 per month, lower than the Kansas average of $1,060.
What was the median gross rent in Cowley County in 2020?
In 2020, the median gross rent in Cowley County, Kansas was $669 per month.
What is the price-to-rent ratio in Cowley County, Kansas?
The price-to-rent ratio in Cowley County, Kansas is about 1.4, meaning it would take roughly 1.4 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 Cowley County.
Are home prices or rent rising faster in Cowley County, Kansas?
Home prices and rent are moving in opposite directions in Cowley County: home prices fell about 3.0% a year while rent rose about 2.7% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Cowley County, Kansas?
58.1% of households in Cowley County, Kansas own their home, lower than the Kansas average of 60.9%.
What is the vacancy rate in Cowley County, Kansas?
The housing vacancy rate in Cowley County, Kansas is 14.6%, higher than the Kansas average of 9.2%.
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